Movex Logistics Ltd
08113821
Healthy
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 05/12/2025
Due 19/12/2026
Industry
Officers
Martin Leigh Forbes
director · Since 03/05/2018
British
Furrukh Mehmood Sheikh
director · Since 01/07/2024
British
Former
Luis Angel Avila Jr
secretary · Resigned 31/01/2024
John Ernest Bailey
director · Resigned 14/06/2018
Mark Francis Bowser
director · Resigned 29/03/2021
Michael Buxton
director · Resigned 14/02/2020
Ryan Reece Carson
director · Resigned 01/07/2024
Daren John Jones
director · Resigned 07/05/2020
Barbara Kahan
director · Resigned 21/06/2012
Darren Paul Mornin
director · Resigned 28/06/2023
CompanyRankvs 10190+ SIC 49410 peers76
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Key FinancialsYear ending 31/12/2024
Net Worth
£94k
Balance sheet strength
Cash
£0
Cash in the bank
Profit Before Tax
£3.1M
Bottom line earnings
Net Current Assets
£17.1M
Working capital
Current Assets
£18.0M
Current Liabilities
£851k
Fixed Assets
£333k
Debtors
£15.9M
Cost of Sales
£15.4M
Admin Expenses
£1.8M
Profit After Tax
£3.1M
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 21.10 | -£14.3M |
| 2023 | 18.69 | — |
Derived from filed accounts. Not audited figures.