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Cargo Movers Logistics Limited

14996609

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

RIBBLEBANK POTTERS LANE, PRESTON, PR5 0UL
Incorporated 11/07/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49410
Freight transport by road
52103
52103
52219
Other service activities incidental to land transportation

Officers

Mr Agy Varugese George

director · Since 11/07/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Also on 1 other board

Linu George

director · Since 11/07/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 1 other board

Persons with Significant Control

Cargo Movers Holdings Limited

75–100% shares
75–100% votes
Appoint directors

Ribblebank, Potters Lane, Preston, PR5 0UL

Reg: 14802926 · Companies House · Limited

Notified 11/07/2023

CompanyRankvs 28735+ SIC 49410 peers
32

Financial strength32th percentile among SIC peers · 8/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.31× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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28735Cargo Movers Logistics Limited
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How is this score calculated?
Financial strength8/25 pts

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

Employees14/15 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.

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

liabilities of £590,365 (2024: £532,984). There are no material uncertainties that may cast significant doubt about the company's ability to continue as a going concern; the directors and fellow group companies have indicated a willingness to continue to support the operations of the company to continue trading for the foreseeable future. Significant judgements and

Key FinancialsYear ending 30/06/2025

Net Worth

£100

Balance sheet strength

Cash

£87k

Cash in the bank

Net Current Assets

-£590k

Working capital

Current Assets

£267k

Current Liabilities

£858k

Fixed Assets

£347k

Debtors

£181k

11avg. employees

Balance Sheet

Intangible assets£80k
Assets less current liabilities-£244k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.31
20250.31
20240.28

Derived from filed accounts. Not audited figures.