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Ontime Logistics Europe Limited

06935341

active
Private Limited Company
england wales
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

23 COCHRAN CLOSE, MILTON KEYNES, MK8 0AJ
Incorporated 16/06/2009

Compliance

Last accounts

31/12/2024

unaudited abridged

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 31/01/2026

Due 14/02/2027

On track

Industry

49410
Freight transport by road

Officers

Mr Maher Sandouka

secretary · Since 16/06/2009

BRITISH · ENGLAND · Age 56

Also on 21 other boards

Mr Maher Sandouka

director · Since 20/06/2009

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 21 other boards

Persons with Significant Control

Mr Maher Sandouka

75–100% shares
75–100% votes
Appoint directors

British · England · Age 56

23, Cochran Close, Milton Keynes, MK8 0AJ

Notified 01/01/2020

Former PSCs

Ms Fayroz Sandouka

Ceased 01/01/2020

Charges0 outstanding

charge
satisfied

BIBBY FINANCIAL SERVICES LIMITED AS SECURITY TRUSTEE

Created 13/08/2009Registered 15/08/2009Satisfied 08/06/2016

CompanyRankvs 707+ SIC 49410 peers
88

Financial strength96th percentile among SIC peers · 24/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.05× · 20/20
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 strength24/25 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 31/12/2024

Net Worth

£521k

Balance sheet strength

Cash

£321k

Cash in the bank

Net Current Assets

£205k

Working capital

Current Assets

£401k

Current Liabilities

£196k

Fixed Assets

£330k

Debtors

£80k

14avg. employees

Balance Sheet

Assets less current liabilities£535k
Signed by 1.1.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20242.05+£34k
20232.20+£42k
20222.12+£120k
20211.82+£111k
20201.66+£92k
20191.36+£16k
20181.51

Derived from filed accounts. Not audited figures.