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Port Express Limited

05077834

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

UNIT 5 ARGENT COURT SYLVAN WAY, BASILDON, SS15 6TH
Incorporated 18/03/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49410
Freight transport by road

Officers

Mr John Peter Stubbings

secretary · Since 20/03/2004

BRITISH · UNITED KINGDOM · Age 66

Also on 29 other boards

Mr Ashley Russell Nichols

director · Since 20/03/2004

FREIGHT FORWARDER

BRITISH · ENGLAND · Age 58

Also on 24 other boards

Mr Kevin George Stevens

director · Since 28/02/2007

FREIGHT FORWARDER

BRITISH · ENGLAND · Age 62

Also on 21 other boards

Jacqueline Ann Hutchison

director · Since 01/03/2016

NONE

BRITISH · ENGLAND · Age 58

Mr Adam Karl Dawson

director · Since 06/11/2023

DIRECTOR

BRITISH · ENGLAND · Age 34

Mr James Watts

director · Since 06/11/2023

DIRECTOR

BRITISH · ENGLAND · Age 43

Persons with Significant Control

Atlantic Pacific Group Limited

25–50% shares

Unit 5 Argent Court, Sylvan Way, Basildon, SS15 6TH

Notified 03/03/2021

Mr Ashley Russell Nichols

25–50% shares

British · England · Age 58

Unit 5 Argent Court, Sylvan Way, Basildon, SS15 6TH

Notified 03/03/2021

Former PSCs

Mr Karl Samuel James Dawson

Ceased 03/03/2021

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 30/07/2010Registered 04/08/2010
charge
satisfied

KARL SAMUEL JAMES DAWSON AND ATLANTIC PACIFIC GLOBAL LOGISTICS LIMITED

Created 12/05/2004Registered 29/05/2004Satisfied 16/07/2010

CompanyRankvs 1476+ SIC 49410 peers
62

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.2× · 12/20
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 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.

Liquidity12/20 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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the 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

Key FinancialsYear ending 31/12/2024

Net Worth

£4.3M

Balance sheet strength

Cash

£2.3M

Cash in the bank

Profit Before Tax

£621k

Bottom line earnings

Net Current Assets

£925k

Working capital

Current Assets

£5.6M

Current Liabilities

£4.7M

Fixed Assets

£7.8M

Debtors

£3.3M

Admin Expenses

£2.2M

Profit After Tax

£448k

130avg. employees+2

Tax at Year End

Corp tax£488k
Dividends paid£500k

People Costs

Wages & salaries£5.8M

Balance Sheet

Assets less current liabilities£8.7M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.20+£148k
20231.40

Derived from filed accounts. Not audited figures.