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Cannon Freight Ltd

08432081

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk

No risk factors detected.

Details

7 CANNON ROAD, WOLVERHAMPTON, WV5 9HR
Incorporated 06/03/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

50200
Sea and coastal freight water transport

Officers

Ian Baynham

director · Since 06/03/2013

British

Samuel Joe Baynham

director · Since 01/11/2017

British

CompanyRankvs 7940+ SIC 50200 peers
60

Financial strength80th percentile among SIC peers · 20/25
Employees79th percentile among SIC peers · 12/15
LiquidityNo balance sheet data · 0/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength20/25 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.

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity13/15 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 31/03/2025

Net Worth

£103k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£187k

Working capital

Current Assets

Current Liabilities

£229k

Fixed Assets

£336k

Debtors

£41k

3avg. employees+1

Balance Sheet

Assets less current liabilities£149k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
2025+£7k
20240.24

Derived from filed accounts. Not audited figures.