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Speed Couriers (Northern) Ltd

04808389

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

HT2 WESTBROOK ROAD, MANCHESTER, M17 1AY
Incorporated 24/06/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

53201
Licensed carriers

CompanyRankvs 105+ SIC 53201 peers
90

Financial strength99th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.17× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 pts

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

Liquidity20/20 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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

£1.0M

Balance sheet strength

Cash

£230k

Cash in the bank

Net Current Assets

£326k

Working capital

Current Assets

£603k

Current Liabilities

£277k

Fixed Assets

£703k

Debtors

£373k

23avg. employees

Balance Sheet

Intangible assets£138k
Assets less current liabilities£1.0M
Signed by Mr Shaun Merrick 4 July 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20252.17

Derived from filed accounts. Not audited figures.