Back to search

K1 Transport Ltd

10534198

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

69 COLTSFOOT PATH, ROMFORD, RM3 8BE
Incorporated 21/12/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49410
Freight transport by road
49420
Removal services
52290
Other transportation support activities

CompanyRankvs 302480+ SIC 49410 peers
40

Financial strength2th percentile among SIC peers · 1/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.18× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1Translift Freight Limited
90
2Hadfields Transport Limited
90
3Lanz Farm Limited
90
4S.T.Challis Limited
90
5Clarendon Haulage Co. Limited
90
6Geo.Siddall(Transport)Limited
90
7Henry Diaper & Co. Limited
90
8Borchard Lines Limited
90
9Clark Transport Limited
90
10James Stockdale Limited
90
30248K1 Transport Ltd
40
How is this score calculated?
Financial strength1/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees13/15 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.

Longevity9/15 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 31/08/2024

Net Worth

-£90k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£84k

Working capital

Current Assets

£18k

Current Liabilities

£101k

Fixed Assets

£196

4avg. employees

Balance Sheet

Assets less current liabilities-£83k
Prepared with BTCSoftware AP Solution 2024 11.2.01

EstimatesDerived

YearCurrent Ratio
20240.18

Derived from filed accounts. Not audited figures.