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Paramount Logistics Specialists Ltd

12297504

active
Private Limited Company
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

25-29 SANDY WAY, LEEDS, LS19 7EW
Incorporated 04/11/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

53202
Unlicensed carriers

Officers

Farzana Ahmed

director · Since 05/03/2020

British

Khizar Khan

director · Since 04/11/2019

British

CompanyRankvs 66340+ SIC 53202 peers
25

Financial strength1th percentile among SIC peers · 0/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.41× · 2/20
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 strength0/25 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.

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.

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

-£103k

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

-£459k

Working capital

Current Assets

£322k

Current Liabilities

£781k

Fixed Assets

£503k

Debtors

£314k

0avg. employees

Balance Sheet

Assets less current liabilities£44k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.41

Derived from filed accounts. Not audited figures.