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Traction Handling Ltd

10407578

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

123 SALTERGATE, CHESTERFIELD, S40 1NH
Incorporated 03/10/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

77120
Renting and leasing of trucks

Officers

Mrs Clair Bingham

director · Since 03/10/2016

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 3 other boards

Mr Mark Steven Bingham

director · Since 03/10/2016

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 7 other boards

Mr George Bingham

director · Since 13/06/2017

DIRECTOR

BRITISH · ENGLAND · Age 29

Miss Molly Bingham

director · Since 28/02/2020

DIRECTOR

BRITISH · ENGLAND · Age 25

Persons with Significant Control

Mr Mark Steven Bingham

25–50% shares
25–50% votes

British · England · Age 55

Fairview House, Norbriggs Road, Chesterfield, S43 3BT

Notified 03/10/2016

Mrs Clair Bingham

25–50% shares
25–50% votes

British · England · Age 55

Fairview House, Norbriggs Road, Chesterfield, S43 3BT

Notified 16/02/2023

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 19/12/2025Registered 19/12/2025
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 25/08/2017Registered 25/08/2017Satisfied 24/04/2020
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 31/07/2017Registered 02/08/2017

CompanyRankvs 75+ SIC 77120 peers
71

Financial strength95th percentile among SIC peers · 24/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 8× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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75Traction Handling Ltd
80
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.

Employees12/15 pts

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

Liquidity20/20 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 31/01/2025

Net Worth

£4.8M

Balance sheet strength

Cash

£118k

Cash in the bank

Net Current Assets

£2.8M

Working capital

Current Assets

£3.2M

Current Liabilities

£398k

Fixed Assets

£2.1M

Debtors

£3.1M

4avg. employees

Balance Sheet

Assets less current liabilities£4.9M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20258.00+£616k
20245.94+£682k
20232.43+£2.7M
20220.17+£532k
20210.12+£193k
20200.21-£12k
20190.19—

Derived from filed accounts. Not audited figures.