Atlantic Coast Express Ltd
06319848
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Michael John Day
British · England · Age 49
Station Masters House, Barnstaple Railway Station, Barnstaple, EX31 2AU
Notified 06/04/2016
Mr Paul Vincent
British · England · Age 58
Station Masters House, Barnstaple Railway Station, Barnstaple, EX31 2AU
Notified 10/09/2018
Former PSCs
Mr Charles Gregory Patt
Ceased 10/09/2018
CompanyRankvs 10011+ SIC 56102 peers49
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/09/2024
Net Worth
-£23k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£41k
Working capital
Current Assets
£13k
Current Liabilities
£59k
Fixed Assets
£87k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.23 | -£8k |
| 2023 | 0.32 | -£22k |
| 2022 | 0.73 | — |
| 2019 | 0.27 | — |
| 2018 | 0.62 | — |
Derived from filed accounts. Not audited figures.