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Woodland Logistics Ltd

05151477

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

ARLINGTON HOUSE WEST STATION BUSINESS PARK, MALDON, CM9 6FF
Incorporated 11/06/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49410
Freight transport by road
52103
52103
68320
Management of real estate on a fee or contract basis

Officers

Sean Steven Kirby

director · Since 10/02/2005

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 62

Mr Kevin George Stevens

director · Since 01/12/2006

FREIGHT FORWARDER

BRITISH · ENGLAND · Age 62

Also on 21 other boards

Mr John Peter Stubbings

director · Since 01/12/2006

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 66

Also on 59 other boards

Mr John Peter Stubbings

secretary · Since 28/11/2007

BRITISH · UNITED KINGDOM · Age 66

Also on 59 other boards

Mr Christopher Phillip Watts

director · Since 23/07/2021

DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 16 other boards

Persons with Significant Control

Woodland Global Ltd

75–100% shares

Arlington House, West Station Business Park, Maldon, CM9 6FF

Reg: 02278005 · England & Wale · Limited Company

Notified 06/04/2017

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 08/03/2024Registered 08/03/2024
charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 06/10/2011Registered 08/10/2011Satisfied 26/02/2024
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 12/04/2006Registered 18/04/2006Satisfied 30/04/2024
charge
satisfied

KEVIN GEORGE STEVENS

Created 21/02/2005Registered 28/02/2005Satisfied 11/04/2006

CompanyRankvs 4636+ SIC 49410 peers
56

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.97× · 6/20
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.

Liquidity6/20 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

Company and our principal customers. Consequently, the Directors have concluded that there are no material uncertainties that may cast significant doubt about the Company's ability to continue as a going concern for the next 12 months from the date of approval of these financial statements. Accordingly, the going concern basis has been adopted in preparing the financial statements. Greenhouse ga

Key FinancialsYear ending 31/12/2023

Turnover

£27.1M

Annual revenue

Net Worth

£4.2M

Balance sheet strength

Cash

£709k

Cash in the bank

Profit Before Tax

£302k

Bottom line earnings

Net Current Assets

£628k

Working capital

Current Assets

£6.9M

Current Liabilities

£7.1M

Fixed Assets

£11.8M

Debtors

£6.1M

Cost of Sales

£21.6M

Gross Profit

£5.6M

Admin Expenses

£4.7M

Operating Profit

£822k

Profit After Tax

£363k

227avg. employees+47

Tax at Year End

Corp tax£319k

People Costs

Wages & salaries£9.7M
NI contributions£935k

Balance Sheet

Assets less current liabilities£12.4M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20230.97+£363k
20220.83

Derived from filed accounts. Not audited figures.