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Speedshift Logistics Ltd

09641263

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

ORCHARD BUSINESS CENTRE, BRISTOL, BS1 5EH
Incorporated 16/06/2015

Compliance

Last accounts

30/06/2024

total exemption full

Next accounts due

29/03/2026

Overdue

Confirmation statement

Last: 17/03/2025

Due 31/03/2026

Overdue

Industry

49410
Freight transport by road

Officers

Vince Griffith Jones

director · Since 17/02/2022

British

Former

John Husband

director · Resigned 22/03/2024

John Paul Jones

director · Resigned 07/07/2015

Michael Vaughan Jones

director · Resigned 07/01/2016

Vincent Griffith Jones

director · Resigned 10/01/2019

CompanyRankvs 301650+ SIC 49410 peers
42

Financial strength1th percentile among SIC peers · 0/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.41× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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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.

Employees14/15 pts

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

Liquidity2/20 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 30/06/2024

Net Worth

-£314k

Balance sheet strength

Cash

£17k

Cash in the bank

Net Current Assets

-£293k

Working capital

Current Assets

£206k

Current Liabilities

£498k

Fixed Assets

£829

Debtors

£189k

10avg. employees

Tax at Year End

Corp tax£1k

Balance Sheet

Assets less current liabilities-£292k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.41

Derived from filed accounts. Not audited figures.