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Direct Point Logistics Ltd

07371231

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)

Details

21- 25 SEDGLEY STREET, WOLVERHAMPTON, WV2 3AJ
Incorporated 09/09/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49410
Freight transport by road

Officers

Harminder Singh Deol

director · Since 09/09/2010

British

Former

Xl Associates Uk Ltd

corporate secretary · Resigned 09/09/2015

CompanyRankvs 38510+ SIC 49410 peers
82

Financial strength94th percentile among SIC peers · 24/25
Employees80th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.68× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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3851Direct Point Logistics Ltd
78
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.

Employees12/15 pts

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

Liquidity16/20 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 31/08/2024

Net Worth

£372k

Balance sheet strength

Cash

£742k

Cash in the bank

Net Current Assets

£422k

Working capital

Current Assets

£1.0M

Current Liabilities

£621k

Fixed Assets

£59k

Debtors

£302k

3avg. employees

Balance Sheet

Intangible assets£10k
Assets less current liabilities£482k
Signed by Mr Harminder Deol 28/05/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20241.68

Derived from filed accounts. Not audited figures.