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Easy Shipping Ltd

04995535

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
20/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • 5 outstanding charges (-10)

Details

UNIT 15, LIONGATE ENTERPRISE PARK, MITCHAM, CR4 4NY
Incorporated 15/12/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

52290
Other transportation support activities

Officers

Mr Kokularamanan Sambanthapillai

secretary · Since 15/12/2003

ADMIN & FINANCE MANAGER

SRI LANKAN · UNITED KINGDOM · Age 54

Also on 1 other board

Mr Kokularamanan Sambanthapillai

director · Since 15/12/2003

ADMIN & FINANCE MANAGER

SRI LANKAN · ENGLAND · Age 54

Also on 1 other board

Persons with Significant Control

Mr Kokularamanan Sambanthapillai

75–100% shares

Sri Lankan · England · Age 54

Unit 15, Liongate Enterprise Park, 80, Morden Road, Mitcham, CR4 4NY

Notified 14/12/2016

Charges5 outstanding

Charge
outstanding

ALLICA BANK LIMITED

Created 29/06/2022Registered 08/07/2022
Charge
outstanding

ALLICA BANK LIMITED

Created 29/06/2022Registered 07/07/2022
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 12/03/2014Registered 20/03/2014
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 10/09/2010Registered 18/09/2010
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 06/09/2010Registered 10/09/2010

CompanyRankvs 106+ SIC 52290 peers
79

Financial strength96th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.32× · 20/20
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 strength24/25 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.

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 31/12/2024

Net Worth

£579k

Balance sheet strength

Cash

£96k

Cash in the bank

Net Current Assets

£336k

Working capital

Current Assets

£590k

Current Liabilities

£255k

Fixed Assets

£1.2M

Debtors

£494k

36avg. employees-2

Tax at Year End

VAT£46k

Director Loans

Directors owe company£10k

Balance Sheet

Assets less current liabilities£1.6M
Signed by Mr Sambanthapillai Kokularamanan 01/05/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20242.32+£45k£927k
20232.22£683k

Derived from filed accounts. Not audited figures.