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Future Transport Systems Ltd

06936809

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

C/O ARMSTRONG WATSON 1ST FLOOR, NEWCASTLE UPON TYNE, NE1 4BX
Incorporated 17/06/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities

Officers

Mr Matthew Gerald Lennox Lumsden

director · Since 17/06/2009

DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 1 other board

Mr Johann Boukhors

director · Since 16/09/2021

MANAGING DIRECTOR

FRENCH · FRANCE · Age 51

Also on 1 other board

Mr Benjamin Hill

director · Since 18/11/2024

COMPANY DIRECTOR

BRITISH · SPAIN · Age 56

Also on 1 other board

Mr Erik Johansson

director · Since 18/11/2024

INVESTMENT DIRECTOR

SWEDISH · SWEDEN · Age 58

Also on 1 other board

Mr Jason Gould

director · Since 23/04/2026

BRITISH · CANADA · Age 53

Persons with Significant Control

Former PSCs

Mr Matthew Gerald Lennox Lumsden

Ceased 25/06/2019

Bunhill Investments Unlimited

Ceased 25/06/2019

Engie New Ventures Sas

Ceased 30/07/2019

Charges0 outstanding

Charge
satisfied

ALI NAINI

Created 20/12/2021Registered 22/12/2021Satisfied 15/06/2022

CompanyRankvs 397+ SIC 70229 peers
80

Financial strength100th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 107.4× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 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.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

develop the business have depleted the group's cash reserves. These conditions indicate that a material uncertainty exists that may cast significant doubt on the company's ability to continue as a going concern for 12 months from the date of approval of the accounts. The company is currently concluding negotiations for a significant funding round, with committed funds in excess of the minimum b

Key FinancialsYear ending 31/12/2024

Net Worth

£16.7M

Balance sheet strength

Cash

£4.5M

Cash in the bank

Net Current Assets

£16.6M

Working capital

Current Assets

£16.8M

Current Liabilities

£156k

Fixed Assets

£72k

Debtors

£12.3M

17avg. employees

Balance Sheet

Assets less current liabilities£16.7M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent Ratio
2024107.40

Derived from filed accounts. Not audited figures.