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My Local Freight Ltd

14761869

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

UNIT 1E, LEICESTER, LE4 1BR
Incorporated 27/03/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49410
Freight transport by road

Officers

Mr Isah Thadha

director · Since 24/12/2024

DIRECTOR

BRITISH · ENGLAND · Age 24

Also on 2 other boards

Persons with Significant Control

Mr Isah Thadha

75–100% shares
75–100% votes

British · England · Age 24

Unit 1e, 11-21 Tollwell Road, Leicester, LE4 1BR

Notified 24/12/2024

Former PSCs

Mr Suleman Thadha

Ceased 24/12/2024

CompanyRankvs 19538+ SIC 49410 peers
53

Financial strength56th percentile among SIC peers · 14/25
Employees9th percentile among SIC peers · 1/15
LiquidityCurrent ratio 3.8× · 20/20
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.

Employees1/15 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.

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

£2k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£2k

Working capital

Current Assets

£3k

Current Liabilities

£804

Fixed Assets

£231

0avg. employees-1

Balance Sheet

Assets less current liabilities£2k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20253.80-£64
20243.02

Derived from filed accounts. Not audited figures.