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Passion Transport Limited

10087468

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

SUITE 160 COMMUNICATIONS HOUSE, COLCHESTER, CO2 7NN
Incorporated 29/03/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

52243
Cargo handling for land transport activities
52290
Other transportation support activities

Officers

Mr Dhanvir Singh

director · Since 29/03/2016

BUSINESSMAN

INDIAN · ENGLAND · Age 36

Also on 1 other board

Persons with Significant Control

Mr Dhanvir Singh

75–100% shares
75–100% votes
Appoint directors

Indian · England · Age 36

Suite 160, Communications House, Colchester, CO2 7NN

Notified 01/07/2017

Charges1 outstanding

Charge
outstanding

LLOYDS BANK COMMERCIAL FINANCE LIMITED

Created 27/06/2024Registered 10/07/2024
Charge
satisfied

BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)

Created 30/08/2018Registered 31/08/2018Satisfied 02/12/2020

CompanyRankvs 228+ SIC 52243 peers
60

Financial strength96th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.88× · 6/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Longevity10/15 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

Outstanding charges: -10 pts

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

£427k

Balance sheet strength

Cash

£21k

Cash in the bank

Net Current Assets

£175k

Working capital

Current Assets

£1.3M

Current Liabilities

£1.5M

Fixed Assets

£725k

Debtors

£1.0M

12avg. employees-6

Balance Sheet

Assets less current liabilities£550k
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.88+£22k
20240.96-£64k
20231.46+£54k
20221.42+£80k
20212.30+£64k
20201.73+£62k
20191.52

Derived from filed accounts. Not audited figures.