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Starcross Trading Limited

07069657

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

UNIT 2 OLD POST OFFICE LANE, LONDON, SE3 9BY
Incorporated 08/11/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49390
Other passenger land transport

CompanyRankvs 10800+ SIC 49390 peers
66

Financial strength98th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.93× · 6/20
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.

Liquidity6/20 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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/03/2023

Turnover

£21.2M

Annual revenue

Net Worth

£1.7M

Balance sheet strength

Cash

£171k

Cash in the bank

Profit Before Tax

£2.5M

Bottom line earnings

Net Current Assets

-£325k

Working capital

Current Assets

£4.7M

Current Liabilities

£5.0M

Fixed Assets

£4.1M

Debtors

£4.4M

Cost of Sales

£16.5M

Gross Profit

£4.7M

Admin Expenses

£2.1M

Operating Profit

£2.6M

Profit After Tax

£1.8M

137avg. employees

Tax at Year End

Corp tax£193k
Dividends paid£1.7M

People Costs

Wages & salaries£5.1M
NI contributions£516k

Balance Sheet

Assets less current liabilities£3.8M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20230.93

Derived from filed accounts. Not audited figures.