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Al Waqas Freight Ltd

11892655

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

AVON HOUSE STRATFORD ROAD, SOLIHULL, B90 4AA
Incorporated 19/03/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

53202
Unlicensed carriers

Officers

Mr Abbaad Javed

director · Since 18/07/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 22

Persons with Significant Control

Mr Abaad Javed

75–100% shares

British · England · Age 22

Avon House, Stratford Road, Solihull, B90 4AA

Notified 19/07/2023

Former PSCs

Mrs Firdous Akhtar Javed

Ceased 28/08/2019

Mr Khurram Javed

Ceased 18/07/2023

Mr Azeem Bilwani

Ceased 18/07/2023

CompanyRankvs 5321+ SIC 53202 peers
38

Financial strength36th percentile among SIC peers · 9/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.81× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength9/25 pts

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

Employees1/15 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.

Longevity7/15 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 31/03/2025

Net Worth

£100

Balance sheet strength

Cash

£141k

Cash in the bank

Net Current Assets

-£34k

Working capital

Current Assets

£141k

Current Liabilities

£175k

Fixed Assets

£59k

Debtors

£0

0avg. employees

Tax at Year End

Corp tax£6k

Balance Sheet

Intangible assets£0
Assets less current liabilities£25k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20250.81
20250.81
20240.51

Derived from filed accounts. Not audited figures.