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M Rashey Logistics Limited

13936803

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

76 MARKET STREET, BOLTON, BL4 7NY
Incorporated 24/02/2022

Compliance

Last accounts

28/02/2025

total exemption full

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 19/02/2026

Due 05/03/2027

On track

Industry

49410
Freight transport by road

Officers

Mr Monsuru Rasheed

director · Since 24/02/2022

LORRY DRIVER

NIGERIAN · UNITED KINGDOM · Age 56

Persons with Significant Control

Mr Monsuru Rasheed

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

Nigerian · United Kingdom · Age 56

61, Deepdale Road, Bolton, BL2 5LW

Notified 24/02/2022

CompanyRankvs 42009+ SIC 49410 peers
29

Financial strength16th percentile among SIC peers · 4/25
Employees26th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.04× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength4/25 pts

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

Employees4/15 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.

Longevity4/15 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 28/02/2025

Net Worth

-£414

Balance sheet strength

Cash

£307

Cash in the bank

Net Current Assets

-£7k

Working capital

Current Assets

£307

Current Liabilities

£8k

Fixed Assets

£31k

1avg. employees

Director Loans

Company owes directors£4k

Balance Sheet

Assets less current liabilities£24k
Signed by Mr MONSURU RASHEED 09/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.04
20240.74
20230.41

Derived from filed accounts. Not audited figures.