Road & Well Logistics Services Ltd
08697486
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Gavin Tsao
director · Since 19/09/2013
British
Former
Xin Ning
director · Resigned 15/08/2025
CompanyRankvs 6720+ SIC 51210 peers65
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2024
Net Worth
£71k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£68k
Working capital
Current Assets
£136k
Current Liabilities
£205k
Fixed Assets
£421
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.67 | +£67k |
| 2022 | 0.96 | — |
Derived from filed accounts. Not audited figures.