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Pinnacle International Freight Holdings Limited

05012885

active
Private Limited Company
england wales
Companies House
Health Score
64 / 100

Some Concerns

30/30
Filing
0/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

UNIT 1 SWANNINGTON ROAD, LEICESTER, LE9 6TU
Incorporated 12/01/2004

Compliance

Last accounts

31/12/2024

group

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 22/11/2025

Due 06/12/2026

On track

Industry

70100
Activities of head offices

Officers

Mr Nathan James Burrell

secretary · Since 24/06/2004

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Also on 17 other boards

Mr Nathan James Burrell

director · Since 24/06/2004

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 17 other boards

Mr Kym Christopher Ellington

director · Since 27/09/2021

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 16 other boards

Persons with Significant Control

Mr Nathan James Burrell

25–50% shares

British · England · Age 51

Unit 1, Swannington Road, Leicester, LE9 6TU

Notified 06/04/2016

Pinnacle International Freight Group Limited

25–50% shares
25–50% votes
Appoint directors

Third Floor, Two Colton Square, Leicester, LE1 1QH

Reg: 12196200 · Companies House · Private Company Limited By Shares

Notified 01/11/2019

Former PSCs

Mr Paul Stuart Burrell

Ceased 01/11/2019

Charges3 outstanding

Charge
outstanding

HSBC BANK PLC

Created 05/06/2015Registered 06/06/2015
charge
outstanding

HSBC BANK PLC

Created 04/05/2012Registered 05/05/2012
charge
outstanding

HSBC BANK PLC

Created 29/06/2004Registered 01/07/2004

CompanyRankvs 10124+ SIC 70100 peers
27

Financial strength1th percentile among SIC peers · 0/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -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.

Employees15/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Net Worth

-£1.7M

Balance sheet strength

Cash

£113k

Cash in the bank

Net Current Assets

-£4.1M

Working capital

Current Assets

£138k

Current Liabilities

£4.2M

Fixed Assets

£3.1M

Debtors

£25k

Profit After Tax

£1.5M

81avg. employees-9

Tax at Year End

Corp tax£32k

People Costs(2021)

Wages & salaries£3.6M
NI contributions£291k

Balance Sheet

Intangible assets£309k
Bank loans & overdrafts£81k
Assets less current liabilities-£955k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.03-£244k
20230.03-£251k
20220.03-£226k
20210.02-£206k
20200.14-£252k
20190.09

Derived from filed accounts. Not audited figures.