Back to search

Gem Logistics Limited

10921473

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)
  • Current liabilities exceed current assets (-10)

Details

UNIT 1, LUTON, LU4 8DY
Incorporated 17/08/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

53202
Unlicensed carriers

Officers

Shamraz Bashir

director · Since 17/08/2017

British

CompanyRankvs 15710+ SIC 53202 peers
62

Financial strength87th percentile among SIC peers · 22/25
Employees27th percentile among SIC peers · 4/15
LiquidityCurrent ratio 1.07× · 12/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength22/25 pts

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

Employees4/15 pts

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

Liquidity12/20 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 31/10/2024

Net Worth

£26k

Balance sheet strength

Cash

£90k

Cash in the bank

Net Current Assets

£65k

Working capital

Current Assets

£1.1M

Current Liabilities

£998k

Fixed Assets

£3k

Debtors

£973k

1avg. employees

Tax at Year End

Corp tax£1k

Balance Sheet

Assets less current liabilities£68k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20241.07

Derived from filed accounts. Not audited figures.