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Spalding Taxis Ltd

09442955

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

13 KELLETT GATE, SPALDING, PE12 6EH
Incorporated 17/02/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49320
Taxi operation

Officers

Muhammed Hussain

director · Since 17/02/2015

British

Ummar Noweed Hussain

director · Since 17/02/2015

British

Former

Mohammed Sultan

director · Resigned 01/05/2017

CompanyRankvs 20160+ SIC 49320 peers
71

Financial strength96th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.57× · 6/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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2016Spalding Taxis Ltd
67
How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 pts

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

Liquidity6/20 pts

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

Longevity11/15 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 31/01/2025

Net Worth

£205k

Balance sheet strength

Cash

£86k

Cash in the bank

Net Current Assets

-£299k

Working capital

Current Assets

£394k

Current Liabilities

£693k

Fixed Assets

£565k

Debtors

£308k

14avg. employees

Balance Sheet

Bank loans & overdrafts£13k
Assets less current liabilities£266k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.57+£92k
20230.76—

Derived from filed accounts. Not audited figures.