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Avonline Transport Limited

04929810

liquidation
Private Limited Company
england wales
Companies House
2 outstanding charges
Insolvency history
Health Score
N/A

Details

26-28 GOODALL STREET, WALSALL, WS1 1QL
Incorporated 13/10/2003

Compliance

Last accounts

31/10/2022

total exemption full

Next accounts due

31/07/2024

Overdue

Confirmation statement

Last: 07/01/2023

Due 21/01/2024

Overdue

Industry

49410
Freight transport by road

Officers

Mr Richard Alan Denniss

director · Since 13/10/2003

GENERAL HAULAGE

BRITISH · UNITED KINGDOM

Also on 1 other board

Persons with Significant Control

Mr Richard Alan Denniss

75–100% shares

British · England

Notified 06/04/2016

Charges2 outstanding

All assets debenture
outstanding

Lloyds Tsb Commercial Finance Limited

Fixed and floating charge over the undertaking and all property and assets present and future, including goodwill, book debts, uncalled capital, buildings, fixtures, fixed plant & machinery see image for full details.

All monies due or to become due from the company to the chargee on any account whatsoever

Created 27/04/2011Registered 30/04/2011
Debenture
outstanding

Lloyds Tsb Bank PLC

Fixed and floating charge over the undertaking and all property and assets present and future, including goodwill, book debts, uncalled capital, buildings, fixtures, fixed plant & machinery.

All monies due or to become due from the company to the chargee on any account whatsoever

Created 20/04/2011Registered 23/04/2011
Debenture
fully satisfied

Clydesdale Bank PLC

Fixed and floating charge over the undertaking and all property and assets present and future, including goodwill, book debts, uncalled capital, buildings, fixtures, fixed plant & machinery.

All monies due or to become due from the company to the chargee under the terms of the aforementioned instrument creating or evidencing the charge

Created 28/08/2008Registered 30/08/2008Satisfied 08/06/2011
Debenture
fully satisfied

Hsbc Bank PLC

Fixed and floating charges over the undertaking and all property and assets present and future including goodwill bookdebts uncalled capital buildings fixtures fixed plant and machinery.

All monies due or to become due from the company to the chargee on any account whatsoever

Created 19/01/2004Registered 27/01/2004Satisfied 01/04/2009

Insolvency History1 case

creditors voluntary liquidation30/01/2024

Timothy Frank Corfield (practitioner)

CompanyRankvs 15+ SIC 49410 peers
12

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.46× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/10/2022

Net Worth

£90k

Balance sheet strength

Cash

£15k

Cash in the bank

Net Current Assets

-£437k

Working capital

Current Assets

£371k

Current Liabilities

£808k

Fixed Assets

£982k

Debtors

£251k

21avg. employees-5

Balance Sheet

Bank loans & overdrafts£29k
Assets less current liabilities£545k
Prepared with Caseware UK (AP4) 2021.0.152

EstimatesDerived

YearCurrent RatioImplied Profit
20220.46-£96k
20210.72—

Derived from filed accounts. Not audited figures.