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Freight Minds Limited

13119609

active
Private Limited Company
england wales
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

UNIT 7 X2 EASTERN PERIMETER ROAD, HOUNSLOW, TW6 2GE
Incorporated 07/01/2021

Compliance

Last accounts

31/01/2025

medium

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 07/01/2026

Due 21/01/2027

On track

Industry

52290
Other transportation support activities

Officers

Mr Alan Leslie Durrant

director · Since 07/01/2021

DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 3 other boards

Matthew Peter Wright

director · Since 07/01/2021

DIRECTOR

BRITISH · ENGLAND · Age 50

Mr Andrew Charles Lovell

director · Since 01/12/2024

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 1 other board

Persons with Significant Control

Freight Minds Holdings Limited

75–100% shares
75–100% votes
Appoint directors

Unit 7, X2 Eastern Perimeter Road, London Heathrow Airport, TW6 2GE

Reg: 14492936 · Companies House · Private Limited Company

Notified 21/12/2023

Former PSCs

Matthew Peter Wright

Ceased 21/12/2023

Mr Alan Leslie Durrant

Ceased 21/12/2023

Charges1 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 18/01/2024Registered 19/01/2024

CompanyRankvs 1468+ SIC 52290 peers
53

Financial strength98th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.44× · 12/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 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.

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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

staff development and capacity remain aligned with the company's strategic objectives. Page 2 Freight Minds Limited (Registered number: 13119609) Strategic Report for the year ended 31 January 2025 Going concern The directors have assessed the company's ability to continue as a going concern. In forming this assessment, the directors have reviewed financial performance to date and prepared detai

Key FinancialsYear ending 31/01/2025

Turnover

£23.5M

Annual revenue

Net Worth

£2.2M

Balance sheet strength

Cash

£2.3M

Cash in the bank

Profit Before Tax

£750k

Bottom line earnings

Net Current Assets

£1.7M

Working capital

Current Assets

£5.6M

Current Liabilities

£3.9M

Fixed Assets

£810k

Debtors

£3.3M

Cost of Sales

£17.3M

Gross Profit

£6.2M

Admin Expenses

£5.6M

Operating Profit

£746k

Profit After Tax

£552k

27avg. employees

Tax at Year End

Dividends paid£649k

People Costs

Wages & salaries£3.2M
NI contributions£368k

Balance Sheet

Assets less current liabilities£2.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20251.44
20241.60
20231.53

Derived from filed accounts. Not audited figures.