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L.I.T. Logistics Solutions Ltd

14086744

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

1&2 MERCIA BUSINESS VILLAGE TORWOOD CLOSE, COVENTRY, CV4 8HX
Incorporated 04/05/2022

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 03/05/2026

Due 17/05/2027

On track

Industry

49410
Freight transport by road

Officers

Mr Claas Durach

director · Since 04/05/2022

DIRECTOR

GERMAN · GERMANY · Age 36

Persons with Significant Control

Mr Claas Durach

ownership-of-shares-75-to-100-percent-as-firm
voting-rights-75-to-100-percent-as-firm
right-to-appoint-and-remove-directors-as-firm

German · Germany · Age 36

1&2 Mercia Business Village, Torwood Close, Coventry, CV4 8HX

Notified 04/05/2022

CompanyRankvs 17604+ SIC 49410 peers
54

Financial strength0th percentile among SIC peers · 0/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 4.93× · 20/20
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 strength0/25 pts

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

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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 31/12/2024

Net Worth

-£792k

Balance sheet strength

Cash

£554k

Cash in the bank

Net Current Assets

£1.1M

Working capital

Current Assets

£1.4M

Current Liabilities

£283k

Fixed Assets

£145k

Debtors

£789k

Profit After Tax

£247k

27avg. employees+27

Balance Sheet

Assets less current liabilities£1.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20244.93+£142k
20235.81-£767k
20235.19

Derived from filed accounts. Not audited figures.