Cargo World Logistics Limited
11189681
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 06/02/2018
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 48
Also on 1 other board
Persons with Significant Control
Cargo World Holdings Ltd
Unit 5 Causeway Bridges Business Centre, Alder Lane, Warrington, WA5 4BN
Reg: 16274980 · England & Wales Company Registry · Limited Company
Notified 28/03/2025
Former PSCs
Mr Clive Stephen Francis
Ceased 06/02/2018
Mr Craig Ian Francis
Ceased 06/02/2018
Mr Enrique Leon
Ceased 28/03/2025
Mr Trevor John Glynn
Ceased 28/03/2025
CompanyRankvs 1353+ SIC 52290 peers67
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure When preparing the financial statements, the directors have made an assessment of the company's ability to continue as a going concern. The company is considered a going conce
Key FinancialsYear ending 31/03/2025
Net Worth
£862k
Balance sheet strength
Cash
£728k
Cash in the bank
Net Current Assets
£829k
Working capital
Current Assets
£1.8M
Current Liabilities
£993k
Fixed Assets
£45k
Debtors
£1.1M
Tax at Year End(2023)
Director Loans(2020)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.83 | +£222k |
| 2024 | 1.52 | +£89k |
| 2023 | 1.26 | +£58k |
| 2022 | 1.64 | +£369k |
| 2021 | 2.22 | +£106k |
| 2020 | 3.28 | — |
| 2019 | 0.99 | — |
Derived from filed accounts. Not audited figures.