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Transit Hire Ltd

15689423

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

241 MANNINGHAM LANE, BRADFORD, BD8 7ER
Incorporated 29/04/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

52242
Cargo handling for air transport activities
52243
Cargo handling for land transport activities
52290
Other transportation support activities

Officers

Mr Sikandar Khan

director · Since 29/04/2024

DIRECTOR

PAKISTANI · ENGLAND · Age 36

Also on 1 other board

Persons with Significant Control

Mr Sikandar Khan

75–100% shares
75–100% votes
Appoint directors
right-to-appoint-and-remove-directors-as-trust
right-to-appoint-and-remove-directors-as-firm

Pakistani · England · Age 36

28-30, Lawrence Road, London, N15 4EG

Notified 29/04/2024

Former PSCs

Mr Romaldas Raminas

Ceased 30/01/2025

CompanyRankvs 99+ SIC 52242 peers
75

Financial strength99th percentile among SIC peers · 25/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 113.95× · 20/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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99Transit Hire Ltd
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How is this score calculated?
Financial strength25/25 pts

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

Employees13/15 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.

Longevity2/15 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 30/04/2025

Net Worth

£4.2M

Balance sheet strength

Cash

£124k

Cash in the bank

Net Current Assets

£2.0M

Working capital

Current Assets

£2.1M

Current Liabilities

£18k

Fixed Assets

£2.5M

Debtors

£14k

5avg. employees

Balance Sheet

Intangible assets£2k
Assets less current liabilities£4.6M
Signed by 2024-04-29Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
2025113.95

Derived from filed accounts. Not audited figures.