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Logistex Express Limited

04516675

active
Private Limited Company
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNIT 32B, ST. HELENS, WA9 4TX
Incorporated 21/08/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49410
Freight transport by road

Officers

Mr Nigel James Cannon

director · Since 25/03/2022

DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 3 other boards

Mr Ian Richard Lundy

director · Since 25/03/2022

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 3 other boards

Persons with Significant Control

Mr Ian Richard Lundy

25–50% shares
25–50% votes

British · England · Age 48

Unit 32b, Bold Lane, St. Helens, WA9 4TX

Notified 23/09/2022

Mr Nigel James Cannon

25–50% shares

British · England · Age 44

Unit 32b, Bold Lane, St. Helens, WA9 4TX

Notified 06/04/2023

Former PSCs

Mr Thomas Reid

Ceased 23/09/2022

Mrs Barbara Reid

Ceased 27/03/2022

Charges2 outstanding

Charge
outstanding

POSITIVE CASHFLOW FINANCE LIMITED

Created 15/08/2014Registered 18/08/2014
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 14/11/2002Registered 22/11/2002
charge
satisfied

THE ROYAL BANK OF SCOTLAND COMMERCIAL SERVICES LIMITED

Created 20/09/2002Registered 21/09/2002Satisfied 22/06/2022

CompanyRankvs 30623+ SIC 49410 peers
29

Financial strength11th percentile among SIC peers · 3/25
Employees26th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.38× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength3/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees4/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/01/2025

Net Worth

-£5k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£18k

Working capital

Current Assets

£11k

Current Liabilities

£29k

Fixed Assets

£19k

1avg. employees

Balance Sheet

Assets less current liabilities£806
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.38
20240.50
20230.68

Derived from filed accounts. Not audited figures.