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Xpress Shipping Services Ltd

13417308

active
Private Limited Company
england wales
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

FLAT 1, LONDON, N17 9XG
Incorporated 24/05/2021

Compliance

Last accounts

31/05/2025

micro entity

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 13/04/2026

Due 27/04/2027

On track

Industry

50200
Sea and coastal freight water transport
52101
52101
52241
Cargo handling for water transport activities
52243
Cargo handling for land transport activities

Officers

Mr Glenroy Lee Barnett

director · Since 24/05/2021

BUSINESS PERSON

BRITISH · ENGLAND · Age 51

Also on 2 other boards

Mr Reece Jordan Ellis

director · Since 04/04/2022

BUSINESS OWNER

BRITISH · UNITED KINGDOM · Age 35

Also on 2 other boards

Persons with Significant Control

Mr Glenroy Lee Barnett

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

British · England · Age 51

62, Long Lane, Croydon, CR0 7AP

Notified 24/05/2021

CompanyRankvs 14670+ SIC 50200 peers
35

Financial strength10th percentile among SIC peers · 3/25
Employees67th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.1× · 2/20
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 strength3/25 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.

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.

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 31/05/2025

Net Worth

-£8k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£8k

Working capital

Current Assets

£845

Current Liabilities

£9k

2avg. employees

Balance Sheet

Assets less current liabilities-£8k
Signed by Mr Glenroy Barnett 15/01/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.10+£8k
20240.17+£12k
20230.02-£20k
20220.28

Derived from filed accounts. Not audited figures.