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Kingsway Cabs Ltd

12091040

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

UNIT L HOBSON INDUSTRIAL ESTATE, NEWCASTLE UPON TYNE, NE16 6EA
Incorporated 08/07/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49320
Taxi operation

Officers

Scott Ian Clydesdale

director · Since 08/07/2019

British

CompanyRankvs 7770+ SIC 49320 peers
71

Financial strength96th percentile among SIC peers · 24/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.01× · 12/20
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 strength24/25 pts

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

Employees13/15 pts

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

Liquidity12/20 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 31/12/2024

Net Worth

£188k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£19k

Working capital

Current Assets

£260k

Current Liabilities

£257k

Fixed Assets

£199k

4avg. employees

Balance Sheet

Assets less current liabilities£218k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20241.01+£177k
20220.42

Derived from filed accounts. Not audited figures.