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Turbo Speed Logistics Ltd

14438368

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

27A GREENBANK ROAD, BRISTOL, BS5 6EZ
Incorporated 24/10/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

53100
Postal activities under universal service obligation

Officers

Asif Ali

director · Since 24/10/2022

British

Sidra Taj

director · Since 24/10/2022

British

CompanyRankvs 13070+ SIC 53100 peers
33

Financial strength16th percentile among SIC peers · 4/25
Employees53th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.33× · 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.

Employees8/15 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 31/10/2024

Net Worth

-£1k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£7k

Working capital

Current Assets

£7k

Current Liabilities

£21k

Fixed Assets

£13k

2avg. employees

Balance Sheet

Assets less current liabilities£19k
Signed by 1.11.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent Ratio
20240.33

Derived from filed accounts. Not audited figures.