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Challenge Logistics Limited

08981112

in administration
Private Limited Company
Companies House
Health Score
N/A

Details

2ND FLOOR, ABBEY HOUSE, MANCHESTER, M2 4AB
Incorporated 07/04/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49410
Freight transport by road
78200
Temporary employment agency activities

Officers

Mr Richard William Cropper

director · Since 07/04/2014

DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 7 other boards

Mr Thomas Edward Cropper

director · Since 07/04/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Also on 10 other boards

Scott Adrian Coleman

director · Since 21/12/2023

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 6 other boards

Mr Daniel Stuart Hayes

director · Since 29/10/2024

CHIEF TECHNOLOGY OFFICER

BRITISH · ENGLAND · Age 42

Also on 4 other boards

Mr Steven John Imber

director · Since 29/10/2024

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 4 other boards

Persons with Significant Control

Challenge Recruitment Group Limited

75–100% shares
75–100% votes

1, Smithy Court, Wigan, WN3 6PS

Reg: 08821900 · United Kingdom · Private Limited Company

Notified 06/04/2016

Former PSCs

Mr Thomas Edward Cropper

Ceased 06/04/2016

Charges5 outstanding

Charge
outstanding

PRAETURA COMMERCIAL FINANCE LIMITED (CRN: 10384014)

Created 18/06/2025Registered 20/06/2025
Charge
outstanding

CLOSE BROTHERS LIMITED (AS SECURITY TRUSTEE FOR THE SECURED PARTIES (AS DEFINED IN THE INSTRUME

Created 29/10/2024Registered 01/11/2024
Charge
outstanding

THOMAS EDWARD CROPPER · RICHARD WILLIAM CROPPER

Created 29/10/2024Registered 31/10/2024
Charge
outstanding

PRAETURA COMMERCIAL FINANCE LIMITED

Created 29/10/2024Registered 31/10/2024
Charge
outstanding

CLOSE BROTHERS LIMITED AS SECURITY TRUSTEE

Created 17/11/2022Registered 18/11/2022
Charge
satisfied

PRAETURA DEBT LIMITED

Created 29/04/2019Registered 07/05/2019Satisfied 31/10/2024
Charge
satisfied

HSBC BANK PLC

Created 14/09/2016Registered 28/09/2016Satisfied 21/02/2024
Charge
satisfied

HSBC BANK PLC

Created 29/10/2014Registered 29/10/2014Satisfied 21/02/2024
Charge
satisfied

HSBC BANK PLC

Created 29/10/2014Registered 29/10/2014Satisfied 21/02/2024
Charge
satisfied

HSBC INVOICE FINANCE (UK) LTD

Created 07/10/2014Registered 07/10/2014Satisfied 21/02/2024

CompanyRankvs 15+ SIC 49410 peers
27

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 2.01× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees0/15 pts

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

Liquidity20/20 pts

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

Longevity12/15 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

Outstanding charges: -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 concern are d

Key FinancialsYear ending 31/03/2023

Turnover

£19.9M

Annual revenue

Net Worth

£5.2M

Balance sheet strength

Cash

£116k

Cash in the bank

Profit Before Tax

£1.6M

Bottom line earnings

Net Current Assets

£5.2M

Working capital

Current Assets

£10.3M

Current Liabilities

£5.2M

Fixed Assets

£8k

Debtors

£10.2M

Cost of Sales

£17.4M

Gross Profit

£2.5M

Admin Expenses

£676k

Operating Profit

£1.8M

Profit After Tax

£1.4M

0avg. employees

Tax at Year End

Corp tax£612k

Balance Sheet

Bank loans & overdrafts£641k
Assets less current liabilities£5.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20232.01+£1.4M
20221.18+£2.2M
20211.15

Derived from filed accounts. Not audited figures.