Back to search

Payne'S Transport (Midlands) Limited

14588362

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk

No risk factors detected.

Details

50 CANNOCK ROAD, WOLVERHAMPTON, WV10 7AE
Incorporated 12/01/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49410
Freight transport by road

Officers

David Anthony Payne

director · Since 12/01/2023

British

CompanyRankvs 262070+ SIC 49410 peers
39

Financial strength78th percentile among SIC peers · 20/25
Employees8th percentile among SIC peers · 1/15
LiquidityNo balance sheet data · 0/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength20/25 pts

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

Employees1/15 pts

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

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity3/15 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 31/01/2025

Net Worth

£23k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£5k

Current Liabilities

Fixed Assets

£19k

0avg. employees

Balance Sheet

Assets less current liabilities£24k
Signed by 14588362 2024-02-01 2025-01-31 14588362 2025-01-31 14588362 bus:Micro-entities 2024-02-01 2025-01-31 14588362 bus:AuditEPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
2025+£0
2025+£18k
20240.35

Derived from filed accounts. Not audited figures.