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Fast Turnaround Logistics Ltd

09376071

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

16A GLADDEN PLACE, SKELMERSDALE, WN8 9SX
Incorporated 06/01/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49410
Freight transport by road

Officers

Mr Ian Kenneth Granite

director · Since 06/01/2015

MANAGER

BRITISH · UNITED KINGDOM · Age 46

Also on 4 other boards

Persons with Significant Control

Mr Ian Granite

50–75% shares

British · United Kingdom · Age 46

Investment Centre Suite 13, White Moss Business Park, Skelmersdale, WN8 9TG

Notified 01/06/2017

Former PSCs

Mr Ian Granite

Ceased 01/06/2017

Mr James Moran

Ceased 05/07/2024

CompanyRankvs 3306+ SIC 49410 peers
77

Financial strength83th percentile among SIC peers · 21/25
Employees61th percentile among SIC peers · 9/15
LiquidityCurrent ratio 2.14× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength21/25 pts

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

Employees9/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/09/2024

Net Worth

£35k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£104k

Working capital

Current Assets

£196k

Current Liabilities

£91k

Fixed Assets

£125k

2avg. employees

Balance Sheet

Assets less current liabilities£229k
Signed by Mr Ian Granite 3rd July 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.14-£1k
20232.73+£3k
20222.29-£327
20212.40

Derived from filed accounts. Not audited figures.