Transit Custom Ltd
13474682
Some Concerns
- Negative net worth (-10)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Wayne Fletcher
English · United Kingdom · Age 41
8, Pattern Drive, Wednesbury, WS10 8DN
Notified 24/06/2021
CompanyRankvs 37124+ SIC 45200 peers29
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/03/2025
Turnover
£60k
Annual revenue
Net Worth
-£1k
Balance sheet strength
Cash
£2k
Cash in the bank
Profit Before Tax
-£2k
Bottom line earnings
Net Current Assets
-£3k
Working capital
Current Assets
£2k
Current Liabilities
£5k
Cost of Sales
£53k
Gross Profit
£7k
Admin Expenses
£8k
Profit After Tax
-£2k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 0.38 |
| 2024 | 0.94 |
| 2023 | 0.94 |
Derived from filed accounts. Not audited figures.