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Transit Logistics Ltd

10929863

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

12 WALNUT PLACE, NEWCASTLE UPON TYNE, NE3 4QS
Incorporated 23/08/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

33170
Repair and maintenance of other transport equipment
49410
Freight transport by road
52103
52103

Officers

Dumitru Mihai Munteanu Mace

director · Since 23/08/2017

Romanian

CompanyRankvs 27070+ SIC 33170 peers
30

Financial strength12th percentile among SIC peers · 3/25
Employees23th percentile among SIC peers · 3/15
LiquidityNo balance sheet data · 0/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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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.

Employees3/15 pts

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

Liquidity0/20 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

-£4k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£5k

Working capital

Current Assets

—

Current Liabilities

£5k

Fixed Assets

£120

1avg. employees

Director Loans

Company owes directors£4k

Balance Sheet

Assets less current liabilities-£4k
Signed by Mr DUMITRU MACE 16/06/2025Prepared with Acorah Software Products - Accounts Production