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Ml Transport (Sw) Ltd

09882007

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

THE BURROW MOORCLOSE, LAUNCESTON, PL15 7NH
Incorporated 20/11/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49410
Freight transport by road

Officers

Mr Mark Kenneth Cowling

director · Since 20/11/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Mrs Lena May Cowling

director · Since 08/05/2026

BRITISH · UNITED KINGDOM · Age 39

Mr Joshua Mark Cowling

director · Since 11/05/2026

BRITISH · ENGLAND · Age 19

Persons with Significant Control

Mr Mark Kenneth Cowling

25–50% shares
25–50% votes

British · United Kingdom · Age 50

The Burrow, Moorclose, Launceston, PL15 7NH

Notified 06/04/2016

Mrs Lena Cowling

25–50% shares
25–50% votes

British · England · Age 39

The Burrow, Moorclose, Launceston, PL15 7NH

Notified 22/01/2021

Charges0 outstanding

Charge
satisfied

BIBBY FINANCIAL SERVICES LIMITED (AS SECURITY TRUSTEE)

Created 21/06/2017Registered 29/06/2017Satisfied 19/01/2022

CompanyRankvs 26872+ SIC 49410 peers
48

Financial strength8th percentile among SIC peers · 2/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.84× · 6/20
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 strength2/25 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.

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 31/03/2025

Net Worth

-£11k

Balance sheet strength

Cash

£10k

Cash in the bank

Net Current Assets

-£36k

Working capital

Current Assets

£184k

Current Liabilities

£219k

Fixed Assets

£155k

Debtors

£174k

9avg. employees+1

Balance Sheet

Assets less current liabilities£119k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.84-£32k
20241.02+£6k
20231.21

Derived from filed accounts. Not audited figures.