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L.I.T. Logistics Solutions Ltd

14086744

active
Private Limited Company
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

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

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49410
Freight transport by road

Officers

Claas Durach

director · Since 04/05/2022

German

Former

Sara Louise Evans

director · Resigned 04/07/2024

CompanyRankvs 142660+ 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-£625k
20235.19

Derived from filed accounts. Not audited figures.