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W.A.C. Light Haulage Limited

04721438

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

POUND GARAGE, TIPTON, DY4 0JW
Incorporated 03/04/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49410
Freight transport by road

Officers

Mr Wayne Andrew Cooper

director · Since 03/04/2003

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 55

Persons with Significant Control

Mr Wayne Cooper

50–75% shares

English · England · Age 55

Pound Garage, Bridge Road, Tipton, DY4 0JW

Notified 01/05/2016

Charges1 outstanding

Charge
outstanding

MITSUBISHI HC CAPITAL UK PLC

Created 22/06/2023Registered 23/06/2023
Charge
satisfied

BIBBY FINANCIAL SERVICES LIMITED

Created 26/01/2021Registered 27/01/2021Satisfied 27/06/2023

CompanyRankvs 7942+ SIC 49410 peers
60

Financial strength78th percentile among SIC peers · 20/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.88× · 6/20
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 strength20/25 pts

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

Employees14/15 pts

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

Liquidity6/20 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 30/04/2025

Net Worth

£20k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£28k

Working capital

Current Assets

£205k

Current Liabilities

£233k

Fixed Assets

£237k

8avg. employees+1

Balance Sheet

Assets less current liabilities£209k
Prepared with Sage Accounts Production 24.0 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20250.88+£13k
20240.86-£32k
20231.02

Derived from filed accounts. Not audited figures.