Company Overview
Economy Freight Services Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Wednesday 28 November 1973, so this is a well established company. Economy Freight Services Limited has been in business for 52 years and 4 months. The accounts status is total exemption full and the accounts are next due on Wednesday 30 September 2026.
Registered Address

Unit 7 Pavillion Business Park Unit 7 Pavilion Business Park, Royds Hall Road, Leeds, West Yorkshire, LS12 6AJ
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Companies House Data
Company NameECONOMY FREIGHT SERVICES LIMITED
Company Number01148169
Registered Office AddressUnit 7 Pavillion Business Park Unit 7 Pavilion Business Park
 Royds Hall Road
 LS12 6AJ
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date28/11/1973
Accounting Reference Date Day30
Accounting Reference Date Month12
Accounts Next Due Date30/09/2026
Accounts Last Made Up Date31/12/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date16/07/2017
Returns Last Made Up Date18/06/2016
Directors & Members
Show Resigned
David Lee - Director
(British, 88 years old, born October 1938)
Andrew Millward - Director
(British, 46 years old, born February 1980)
Appointed 01 January 2007
 Active
Anthony Scott - Director
(British, 60 years old, born September 1966)
Appointed 01 June 2002
 Active
Secretaries
Show Resigned
Other Company Directorships
David Lee
ANJON FREIGHT SERVICES LIMITED
ECONOMY PACKING LIMITED
EFS HOLDINGS LIMITED
Andrew Millward
No companies found
Anthony Scott
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Balance Sheet
Fixed Assets 129,287 129,287 120,687
Current Assets 764,003 764,003 960,113
Creditors Due Within One Year 625,119 625,119 843,152
Working Cap 138,884 138,884 116,961
Total Assets Less Current Liabilities 268,171 268,171 237,648
Long-term Liabilities 22,057 22,057 20,023
Net Assets 246,114 246,114 217,625
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 246,114 246,114 217,625
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Tangible Fixed Assets - - -
Fixed Assets 14.5% 14.5% 11.2%
Stocks Inventory - - -
Debtors 76.7% 76.7% 79.7%
Cash Bank In Hand 8.8% 8.8% 9.2%
Current Assets 85.5% 85.5% 88.8%
Creditors Due Within One Year 70.0% 70.0% 78.0%
Net Current Assets Liabilities 15.5% 15.5% 10.8%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 27.6% 27.6% 20.1%
Capital Employed - - -
Total Assets Less Current Liabilities 30.0% 30.0% 22.0%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Liquidity Ratio 1.2 1.2 1.1
Solvency Ratio 1.4 1.4 1.3
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 1
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Assets 893,290 893,290 1,080,800
Debt 647,176 647,176 863,175
Net Assets/Debt 246,114 246,114 217,625

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Confirmation statement made on 18 June 2025 with no updates
Registered office address changed from Unit 7 Pavilion Business Park Royds Hall Road Leeds England to Unit 7 Pavillion Business Park Unit 7 Pavilion Business Park Royds Hall Road Leeds West Yorkshire LS12 6AJ on 30 July 2024
Confirmation statement made on 18 June 2024 with no updates
Confirmation statement made on 18 June 2023 with no updates
Confirmation statement made on 18 June 2022 with no updates
Previous accounting period shortened from 31 December 2020 to 30 December 2020
Confirmation statement made on 18 June 2021 with no updates
Registered office address changed from Unit 7 Pavilion Business Park Royds Hall Road Leeds LS12 6AJ England to Unit 7 Pavilion Business Park Royds Hall Road Leeds on 20 April 2021
Registered office address changed from Leeds Containerbase Valley Farm Way Stourton Leeds West Yorkshire LS10 1SE to Unit 7 Pavilion Business Park Royds Hall Road Leeds LS12 6AJ on 19 April 2021
Confirmation statement made on 18 June 2020 with no updates
Confirmation statement made on 18 June 2019 with no updates
Confirmation statement made on 18 June 2018 with no updates
Confirmation statement made on 18 June 2017 with updates
Termination of appointment of David Byard as a director on 28 April 2017
Termination of appointment of David Byard as a secretary on 28 April 2017
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