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Speeding Trade Limited

10093279

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)

Details

15 CATO STREET, BIRMINGHAM, B7 4TS
Incorporated 31/03/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

52290
Other transportation support activities

CompanyRankvs 88380+ SIC 52290 peers
39

Financial strength0th percentile among SIC peers · 0/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity10 years trading (max 15) · 10/15
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.

Employees12/15 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.

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.

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

-£1.9M

Balance sheet strength

Cash

£294

Cash in the bank

Profit Before Tax

-£260k

Bottom line earnings

Net Current Assets

-£1.9M

Working capital

Current Assets

£31k

Current Liabilities

£1.9M

Fixed Assets

£556

Debtors

£30k

Gross Profit

£42k

Admin Expenses

£302k

Operating Profit

-£260k

Profit After Tax

-£260k

3avg. employees

Balance Sheet

Assets less current liabilities-£1.9M
Signed by 1.4.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent Ratio
20250.02

Derived from filed accounts. Not audited figures.