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J&M Traction Ltd

12076540

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

11 CANADA TERRACE, LEEDS, LS19 6LS
Incorporated 01/07/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49410
Freight transport by road

CompanyRankvs 282870+ SIC 49410 peers
44

Financial strength9th percentile among SIC peers · 2/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.73× · 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 strength2/25 pts

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

Employees14/15 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 31/07/2024

Net Worth

-£9k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£25k

Working capital

Current Assets

£67k

Current Liabilities

£92k

Fixed Assets

£71k

9avg. employees

Balance Sheet

Assets less current liabilities£47k
Signed by Mr James Robinson Mr Martin Hancox 30th January 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.73

Derived from filed accounts. Not audited figures.