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Parcels Express Ltd

14712610

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

211 MANCHESTER NEW ROAD, MANCHESTER, M24 1JT
Incorporated 07/03/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

53201
Licensed carriers
53202
Unlicensed carriers

CompanyRankvs 16630+ SIC 53201 peers
40

Financial strength58th percentile among SIC peers · 14/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.83× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength14/25 pts

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

Employees2/15 pts

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

Liquidity6/20 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 31/03/2025

Net Worth

£3k

Balance sheet strength

Cash

£26k

Cash in the bank

Net Current Assets

-£19k

Working capital

Current Assets

£94k

Current Liabilities

£113k

Fixed Assets

£38k

Debtors

£68k

0avg. employees

Balance Sheet

Assets less current liabilities£19k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20250.83

Derived from filed accounts. Not audited figures.