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Johal Brothers Transport Limited

05813842

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

OFFICE 1, WALSALL, WS4 2LA
Incorporated 11/05/2006

Compliance

Last accounts

31/05/2024

micro entity

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 11/05/2025

Due 25/05/2026

On track

Industry

49410
Freight transport by road

Officers

Daljit Kaur Johal

secretary · Since 11/05/2006

British

Ranvir Singh Johal

director · Since 11/05/2006

British

CompanyRankvs 62460+ SIC 49410 peers
78

Financial strength70th percentile among SIC peers · 18/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.59× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength18/25 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.

Liquidity16/20 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 31/05/2024

Net Worth

£11k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£108k

Current Liabilities

£68k

Fixed Assets

£17k

6avg. employees

Balance Sheet

Total assets£132k

EstimatesDerived

YearCurrent RatioImplied Profit
20241.59+£2k
20231.12

Derived from filed accounts. Not audited figures.