Back to search

Fresh Ways Logistics Ltd

14752509

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

LYMPNE INDUSTRIAL PARK, LYMPNE HYTHE, CT21 4LR
Incorporated 23/03/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46900
Non-specialised wholesale trade
49410
Freight transport by road
52290
Other transportation support activities
82990
Other business support service activities

Officers

Ms Silvia Bocchetti

director · Since 23/03/2023

DIRECTOR

ITALIAN · UNITED KINGDOM · Age 49

Also on 6 other boards

Mr Nicola Sorace

director · Since 23/03/2023

DIRECTOR

ITALIAN · ITALY · Age 58

Persons with Significant Control

Mr Nicola Sorace

25–50% shares
25–50% votes

Italian · Italy · Age 58

Lympne Industrial Park, Lympne Hythe, CT21 4LR

Notified 23/03/2023

Mr Stefano Lattarulo

25–50% shares
25–50% votes

Italian · Italy · Age 57

Lympne Industrial Park, Lympne Hythe, CT21 4LR

Notified 23/03/2023

CompanyRankvs 7385+ SIC 46900 peers
52

Financial strength79th percentile among SIC peers · 20/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.42× · 12/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
1William Croxson & Son,Limited
90
2Wightman & Parrish Limited
90
3E.W. King & Co Limited
90
4R.J.Stokes & Co. Limited
90
5Battle,Hayward And Bower,Limited
90
6Accuride International Limited
90
7Rankins Partners Limited
90
8Pritchard Patent Product Co. Limited
90
9Joseph Gleave & Son Limited
90
10James Lister & Sons Limited
90
7385Fresh Ways Logistics Ltd
62
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.

Employees12/15 pts

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

Liquidity12/20 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.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concer

Key FinancialsYear ending 31/12/2024

Turnover

£1.4M

Annual revenue

Net Worth

£84k

Balance sheet strength

Cash

£33k

Cash in the bank

Profit Before Tax

£185k

Bottom line earnings

Net Current Assets

£80k

Working capital

Current Assets

£270k

Current Liabilities

£190k

Fixed Assets

£4k

Debtors

£236k

Cost of Sales

£958k

Gross Profit

£407k

Admin Expenses

£243k

Operating Profit

£188k

Profit After Tax

£162k

4avg. employees+1

Balance Sheet

Assets less current liabilities£84k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.42+£162k
20231.18—

Derived from filed accounts. Not audited figures.