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Tide Transport Ltd

13276815

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

UNIT 5 COCKSEDGE BUSINESS PARK, IPSWICH, IP3 0HY
Incorporated 18/03/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49410
Freight transport by road

Officers

Matthew Simon Watkins

director · Since 18/03/2021

British

CompanyRankvs 295060+ SIC 49410 peers
41

Financial strength4th percentile among SIC peers · 1/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.7× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 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.

Liquidity6/20 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.

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

Key FinancialsYear ending 30/11/2025

Net Worth

-£29k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£66k

Working capital

Current Assets

£152k

Current Liabilities

£218k

Fixed Assets

£185k

Debtors

£152k

7avg. employees+6

Balance Sheet

Bank loans & overdrafts£147k
Assets less current liabilities£118k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20250.70
20240.95

Derived from filed accounts. Not audited figures.