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Far Logistics Transport Ltd

13578807

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

1 LEESTONE ROAD, MANCHESTER, M22 4RB
Incorporated 23/08/2021

Compliance

Last accounts

31/12/2024

audit exemption subsidiary

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 22/08/2025

Due 05/09/2026

On track

Industry

49410
Freight transport by road

Officers

Mr Simon Philip Boucher

director · Since 23/08/2021

CHIEF EXECUTIVE

BRITISH · ENGLAND · Age 51

Also on 12 other boards

Persons with Significant Control

Far Logistics Ltd

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

1, Leestone Road, Manchester, M22 4RB

Reg: 04915916 · Uk Register Of Companies · Private Company Limited By Shares

Notified 23/08/2021

CompanyRankvs 16784+ SIC 49410 peers
60

Financial strength83th percentile among SIC peers · 21/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.97× · 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 strength21/25 pts

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

Employees13/15 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 31/12/2022

Net Worth

£36k

Balance sheet strength

Cash

£61k

Cash in the bank

Net Current Assets

-£47k

Working capital

Current Assets

£1.5M

Current Liabilities

£1.5M

Fixed Assets

£102k

Debtors

£1.4M

5avg. employees

Balance Sheet

Assets less current liabilities£56k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20220.97

Derived from filed accounts. Not audited figures.