Speedwings Haulage Ltd
15249664
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Sandeep Singh Nanda
director · Since 31/10/2023
British
Ishtmeet Singh Phull
director · Since 31/10/2023
British
Former
Taranjit Singh Phull
director · Resigned 13/03/2024
CompanyRankvs 415730+ SIC 49410 peers24
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/10/2024
Net Worth
-£3k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£18k
Working capital
Current Assets
£9k
Current Liabilities
£27k
Fixed Assets
£40k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 0.33 |
Derived from filed accounts. Not audited figures.