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Speed-Tech (Uk) Limited

05313747

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

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

Details

PROFILE WEST SUITE D SECOND FLOOR, BRENTFORD, TW8 9ES
Incorporated 15/12/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49410
Freight transport by road

Officers

Mr Baljinder Singh Khosa

secretary · Since 20/12/2004

TRANSPORT MANAGER

INDIAN · ENGLAND · Age 66

Also on 7 other boards

Mr Jatinder Singh Khosa

director · Since 20/12/2004

TRANSPORT MANAGER

INDIAN · UNITED KINGDOM · Age 48

Persons with Significant Control

Mr Baljinder Singh Khosa

50–75% shares
50–75% votes
Appoint directors
right-to-appoint-and-remove-directors-as-firm

Indian · England · Age 66

Profile West, Suite D Second Floor, Brentford, TW8 9ES

Notified 13/10/2020

Mr Jatinder Singh Khosa

Significant control

Indian · United Kingdom · Age 48

Profile West, Suite D Second Floor, Brentford, TW8 9ES

Notified 13/10/2020

CompanyRankvs 434+ SIC 49410 peers
89

Financial strength100th percentile among SIC peers · 25/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.16× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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434Speed-Tech (Uk) Limited
89
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.

Employees14/15 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.

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

Key FinancialsYear ending 31/12/2023

Net Worth

£8.0M

Balance sheet strength

Cash

£3.7M

Cash in the bank

Net Current Assets

£5.3M

Working capital

Current Assets

£7.0M

Current Liabilities

£1.7M

Fixed Assets

£2.9M

Debtors

£3.3M

15avg. employees+1

Tax at Year End(2019)

Corp tax£42k
VAT£163k

Director Loans(2019)

Company owes directors£137k

Balance Sheet

Assets less current liabilities£8.2M
Signed by Mr Jatinder Khosa 26/09/2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20234.16+£2.9M—
20212.97+£2.4M—
20202.51+£735k—
20192.13+£438k£3.3M
20182.02——

Derived from filed accounts. Not audited figures.