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H2o Logistics Limited

11095278

active
Private Limited Company
england wales
Companies House
Has charges
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

TAGUS HOUSE, SOUTHAMPTON, SO14 3TJ
Incorporated 04/12/2017

Compliance

Last accounts

31/05/2025

medium

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 03/12/2025

Due 17/12/2026

On track

Industry

49410
Freight transport by road

Officers

Yanaki Ognyanov

director · Since 04/12/2017

Bulgarian

Petya Georgieva Spasova

director · Since 07/03/2022

Bulgarian

CompanyRankvs 35010+ SIC 49410 peers
62

Financial strength99th percentile among SIC peers · 25/25
Employees80th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.24× · 12/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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3501H2o Logistics Limited
72
How is this score calculated?
Financial strength25/25 pts

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

Employees12/15 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.

Longevity8/15 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

performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the entity's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going conce

Key FinancialsYear ending 31/05/2025

Turnover

£24.7M

Annual revenue

Net Worth

£2.4M

Balance sheet strength

Cash

£2.2M

Cash in the bank

Profit Before Tax

£1.1M

Bottom line earnings

Net Current Assets

£830k

Working capital

Current Assets

£4.3M

Current Liabilities

£3.4M

Fixed Assets

£4.7M

Debtors

£2.0M

Cost of Sales

£20.6M

Gross Profit

£4.0M

Admin Expenses

£2.3M

Operating Profit

£1.8M

Profit After Tax

£718k

3avg. employees+1

Tax at Year End

Dividends paid-£170k

People Costs

Wages & salaries£64k
NI contributions£950

Balance Sheet

Interest payable£365k
Assets less current liabilities£5.5M
Signed by Mr Y Ognyanov 23/10/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.24+£1.3M
20221.46—

Derived from filed accounts. Not audited figures.