Back to search

Speedy Removals Ltd

11393459

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

5 BRAYFORD SQUARE, LONDON, E1 0SG
Incorporated 01/06/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

38320
Recovery of sorted materials
39000
Remediation activities and other waste management services
45200
Maintenance and repair of motor vehicles
49420
Removal services

Officers

Hani Mohamed Ali Saleh

director · Since 01/06/2018

British

CompanyRankvs 16510+ SIC 38320 peers
29

Financial strength8th percentile among SIC peers · 2/25
Employees12th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.35× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength2/25 pts

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

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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 30/06/2024

Turnover

£50k

Annual revenue

Net Worth

-£24k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£24k

Working capital

Current Assets

£13k

Current Liabilities

£37k

Fixed Assets

£0

Profit After Tax

-£92k

0avg. employees

Balance Sheet

Depreciation£0
Assets less current liabilities-£24k
Signed by 1.7.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent Ratio
20240.35
2022NaN

Derived from filed accounts. Not audited figures.