Back to search

Rhenus Home Delivery Limited

10468377

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)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)

Details

RHENUS LOGISTICS LIVERPOOL ROAD, MANCHESTER, M30 7RF
Incorporated 08/11/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49410
Freight transport by road
52219
Other service activities incidental to land transportation

CompanyRankvs 290890+ SIC 49410 peers
32

Financial strength0th percentile among SIC peers · 0/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.34× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
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.

Employees15/15 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.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern

Key FinancialsYear ending 31/12/2024

Net Worth

-£17.0M

Balance sheet strength

Cash

£250k

Cash in the bank

Profit Before Tax

-£6.7M

Bottom line earnings

Net Current Assets

-£12.9M

Working capital

Current Assets

£6.7M

Current Liabilities

£19.6M

Fixed Assets

£3.2M

Debtors

£6.4M

Cost of Sales

£8.9M

Admin Expenses

£14.0M

Profit After Tax

-£7.3M

126avg. employees

People Costs

Wages & salaries£5.5M

Balance Sheet

Intangible assets£39k
Assets less current liabilities-£9.7M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20240.34

Derived from filed accounts. Not audited figures.