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Speedex Couriers Limited

06339105

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

76 PRIESTLEY ROAD, STEVENAGE, SG2 0BP
Incorporated 09/08/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

53202
Unlicensed carriers

Officers

Nisha Babulal Modi

secretary · Since 09/08/2007

British

Amit Suryakant Modi

director · Since 09/08/2007

British

CompanyRankvs 56900+ SIC 53202 peers
38

Financial strength6th percentile among SIC peers · 2/25
Employees27th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.03× · 2/20
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 strength2/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees4/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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 31/03/2026

Net Worth

-£22k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£38k

Working capital

Current Assets

£1k

Current Liabilities

£41k

Fixed Assets

£17k

1avg. employees

Balance Sheet

Assets less current liabilities-£22k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20260.03-£12k
20250.16-£13k
20240.09-£7k
20230.89+£5k
20220.19

Derived from filed accounts. Not audited figures.