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Freight Minds Limited

13119609

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

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

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

52290
Other transportation support activities

Officers

Alan Leslie Durrant

director · Since 07/01/2021

British

Andrew Charles Lovell

director · Since 01/12/2024

British

Matthew Peter Wright

director · Since 07/01/2021

British

CompanyRankvs 7320+ SIC 52290 peers
62

Financial strength99th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.44× · 12/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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732Freight Minds Limited
72
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.

Longevity5/15 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

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

Derived from filed accounts. Not audited figures.