Global Freight Systems Limited
05855839
Notable Risks
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 4 outstanding charges (-8)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Ms Weng Sufen
Chinese · China · Age 43
C/O A K S Advisers, 14-15 Lower Grosvenor Place, London, SW1W 0EX
Notified 01/11/2024
Former PSCs
Global Freight Holdings Limited
Ceased 12/12/2024
Charges4 outstanding
HSBC UK BANK PLC
HSBC BANK PLC
HSBC INVOICE FINANCE (UK) LTD
AIRPORT INDUSTRIAL GP LIMITED AND AIPORT INDUSTRIAL NOMINEES LIMITED
HSBC BANK PLC
CompanyRankvs 6079+ SIC 52290 peers41
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/10/2024
Net Worth
-£228k
Balance sheet strength
Cash
£4k
Cash in the bank
Net Current Assets
-£204k
Working capital
Current Assets
£1.3M
Current Liabilities
£1.5M
Fixed Assets
£45k
Debtors
£1.3M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.87 | -£510k |
| 2023 | 1.13 | — |
Derived from filed accounts. Not audited figures.