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Cargo Solved Ltd

12559438

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

50 PRINCES STREET, IPSWICH, IP1 1RJ
Incorporated 16/04/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49410
Freight transport by road
52241
Cargo handling for water transport activities
52242
Cargo handling for air transport activities
52243
Cargo handling for land transport activities

Officers

David John Goode

director · Since 15/04/2021

British

Former

Michael James Anderson

director · Resigned 24/10/2024

CompanyRankvs 305330+ SIC 49410 peers
37

Financial strength1th percentile among SIC peers · 0/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.48× · 2/20
Longevity6 years trading (max 15) · 6/15
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.

Employees14/15 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.

Longevity6/15 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 30/04/2025

Net Worth

-£354k

Balance sheet strength

Cash

£54k

Cash in the bank

Net Current Assets

-£276k

Working capital

Current Assets

£253k

Current Liabilities

£529k

Fixed Assets

£52k

Debtors

£199k

8avg. employees

Balance Sheet

Assets less current liabilities-£224k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20250.48+£0
20250.48-£73k
20240.54

Derived from filed accounts. Not audited figures.