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Selam Haulage Ltd

11172175

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

16 ULLSWATER CLOSE, HAYES, UB4 8SY
Incorporated 26/01/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49410
Freight transport by road

Officers

Futsum Ogbagabriel

director · Since 26/01/2018

British

CompanyRankvs 191870+ SIC 49410 peers
55

Financial strength66th percentile among SIC peers · 17/25
Employees61th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.63× · 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 strength17/25 pts

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

Employees9/15 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

Net Worth

£7k

Balance sheet strength

Cash

£54k

Cash in the bank

Net Current Assets

-£32k

Working capital

Current Assets

£54k

Current Liabilities

£86k

Fixed Assets

£39k

2avg. employees+1

Balance Sheet

Assets less current liabilities£7k
Signed by 1.2.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20250.63+£20k
20230.51

Derived from filed accounts. Not audited figures.