Back to search

M1 Transporter Ltd

12777150

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

5 HOMESTEAD WAY, LUTON, LU1 5PD
Incorporated 29/07/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles
49410
Freight transport by road
52290
Other transportation support activities
53202
Unlicensed carriers

Officers

Zaheer Karamat

director · Since 04/09/2023

Pakistani

Former

Sobia Amjad

director · Resigned 16/10/2021

Sobia Amjid

director · Resigned 04/09/2023

Zaheer Karamat

director · Resigned 20/10/2022

Zaheer Karamat

director · Resigned 29/09/2020

CompanyRankvs 33680+ SIC 45112 peers
68

Financial strength67th percentile among SIC peers · 17/25
Employees65th percentile among SIC peers · 10/15
LiquidityCurrent ratio 6.9× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength17/25 pts

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

Employees10/15 pts

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

Liquidity20/20 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 31/07/2024

Net Worth

£17k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£9k

Working capital

Current Assets

£11k

Current Liabilities

£2k

Fixed Assets

£49k

2avg. employees

Balance Sheet

Assets less current liabilities£59k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20246.90

Derived from filed accounts. Not audited figures.