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Somco Logistics Ltd

12063230

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

1 OAKINGTON AVENUE, MANCHESTER, M14 4AR
Incorporated 21/06/2019

Compliance

Last accounts

30/06/2025

micro entity

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 20/06/2024

Due 04/07/2025

Overdue

Industry

53202
Unlicensed carriers

Officers

Abdullah Mohammed Awes

director · Since 21/06/2019

British

Former

Baashe Mohamed Liban

director · Resigned 19/05/2022

Mohamud Adan Mohamed

director · Resigned 24/08/2020

CompanyRankvs 57340+ SIC 53202 peers
34

Financial strength18th percentile among SIC peers · 5/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.93× · 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 strength5/25 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 30/06/2025

Net Worth

-£1k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£15k

Current Liabilities

£16k

0avg. employees

Balance Sheet

Total assets£15k

EstimatesDerived

YearCurrent Ratio
20250.93
20241.01

Derived from filed accounts. Not audited figures.