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New Way Transport Ltd

11130603

active
Private Limited Company
Companies House
Health Score
100 / 100

Healthy

30/30
Filing
30/30
Financial
40/40
Risk

No risk factors detected.

Details

THE HUB BUSINESS CENTRE HUBBARD WAY, IPSWICH, IP1 2QA
Incorporated 03/01/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49410
Freight transport by road

CompanyRankvs 139800+ SIC 49410 peers
62

Financial strength77th percentile among SIC peers · 19/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.59× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength19/25 pts

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

Employees14/15 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.

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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/01/2025

Turnover

£495k

Annual revenue

Net Worth

£20k

Balance sheet strength

Cash

£61k

Cash in the bank

Profit Before Tax

£25k

Bottom line earnings

Net Current Assets

-£51k

Working capital

Current Assets

£73k

Current Liabilities

£124k

Fixed Assets

£232k

Debtors

£13k

Cost of Sales

£150k

Gross Profit

£345k

Admin Expenses

£308k

Operating Profit

£37k

Profit After Tax

£20k

13avg. employees

Tax at Year End

Dividends paid£1k

Balance Sheet

Assets less current liabilities£181k
Signed by 1.2.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent Ratio
20250.59

Derived from filed accounts. Not audited figures.