Somerset Freight Solutions Ltd
11323792
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/10/2024
micro entity
Next accounts due
31/07/2026
Confirmation statement
Last: 15/10/2025
Due 29/10/2026
Industry
Officers
Former
director · Resigned 31/10/2019
Persons with Significant Control
Mr Liberty Tafadzwa Muguti
Irish · England · Age 45
Unit 51, Gazelle Road, Weston-Super-Mare, BS24 9ES
Notified 23/04/2018
Former PSCs
Mr Joseph Muguti
Ceased 31/10/2019
Change History
Active
Private Limited Company
UNIT 51
WESTON-SUPER-MARE
CompanyRankvs 12159+ SIC 45112 peers48
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/10/2023
Net Worth
£82k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£42k
Working capital
Current Assets
£13k
Current Liabilities
£55k
Fixed Assets
£7k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 0.23 | +£6k |
| 2022 | 0.31 | +£6k |
| 2021 | 0.48 | +£9k |
| 2020 | 0.00 | +£37k |
| 2019 | 0.33 | — |
Derived from filed accounts. Not audited figures.