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Moving Correctly Ltd

13690855

active
Private Limited Company
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)
  • Negative net worth (-10)

Details

85 GREAT PORTLAND STREET, LONDON, W1W 7LT
Incorporated 20/10/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49420
Removal services

Officers

Mahmood Abdelbaki

director · Since 20/10/2021

British

Helal Nacua

director · Since 20/10/2021

British

Former

Johnnie-Lee David Harding

director · Resigned 01/07/2022

CompanyRankvs 29810+ SIC 49420 peers
33

Financial strength7th percentile among SIC peers · 2/25
Employees63th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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2981Moving Correctly Ltd
33
How is this score calculated?
Financial strength2/25 pts

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

Employees9/15 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 31/10/2024

Net Worth

-£17k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£17k

Working capital

Current Assets

£225

Current Liabilities

£17k

2avg. employees

Balance Sheet

Assets less current liabilities-£17k
Prepared with Taxfiler

EstimatesDerived

YearCurrent Ratio
20240.01

Derived from filed accounts. Not audited figures.