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Speedy Logistics Ltd

10807916

activeactive proposal to strike off
ltd
england wales
Companies House
Accounts overdue
Confirmation statement overdue
Health Score
38 / 100

High Risk

0/30
Filing
0/30
Financial
38/40
Risk
  • Accounts filing overdue (-15)
  • Confirmation statement overdue (-10)
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

The Maltings, 2 Anderson Road, Smethwick, B66 4AR
Incorporated 07/06/2017

Compliance

Last accounts

30/06/2022

micro entity

Next accounts due

31/03/2024

Overdue

Confirmation statement

Last: 06/06/2023

Due 20/06/2024

Overdue

Industry

49410
Freight transport by road

Officers

Mr Surjit Singh Doal

director · Since 07/06/2017

COMPANY CHAIRMAN

BRITISH · UNITED KINGDOM · Age 71

Also on 23 other boards

Surjit Singh Doal

director · Since 07/06/2017

British · United Kingdom · Age 71

Former

Balbir Kaur

director · Resigned 26/09/2022

Persons with Significant Control

Mr Surjit Singh Doal

75–100% shares
75–100% votes

British · United Kingdom · Age 71

Unit 4, Tinsley Street, Tipton, DY4 7LH

Notified 07/06/2017

Charges1 outstanding

Charge
outstanding

SKIPTON BUSINESS FINANCE LIMITED

Created 18/09/2018Registered 18/09/2018

Change History

statusactive
2026-06-14

Active - Proposal to Strike off

typeltd
2026-06-14

Private Limited Company

address line1The Maltings
2026-06-14

THE MALTINGS

post townSmethwick
2026-06-14

SMETHWICK

officer appointedDOAL, Surjit Singh
2026-06-14

CompanyRankvs 42688+ SIC 49410 peers
9

Financial strength13th percentile among SIC peers · 3/25
Employees9th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.97× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAccounts and CS overdue · 0/15
Outstanding charges -10
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How is this score calculated?
Financial strength3/25 pts

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

Employees1/15 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.

Longevity9/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance0/15 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 30/06/2022

Net Worth

-£2k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£2k

Working capital

Current Assets

£78k

Current Liabilities

£80k

0avg. employees-2

Balance Sheet

Assets less current liabilities-£2k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20220.97-£94
20210.97+£6k
20200.73-£10k
20191.10

Derived from filed accounts. Not audited figures.