Company Overview
West Indies Freight Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 26 May 2011, so this is a well established company. West Indies Freight Limited has been in business for 12 years and 11 months. The accounts status is total exemption full and the accounts are next due on Sunday 25 February 2024.
Registered Address

Unit 2 Algor Wharf, 42 River Road, Barking, Essex, IG11 0DW
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Companies House Data
Company NameWEST INDIES FREIGHT LIMITED
Company Number07648859
Registered Office AddressUnit 2 Algor Wharf
 42 River Road
 IG11 0DW
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date26/05/2011
Accounting Reference Date Day25
Accounting Reference Date Month5
Accounts Next Due Date25/02/2024
Accounts Last Made Up Date31/05/2022
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date23/06/2017
Returns Last Made Up Date26/05/2016
Previous Company NameChanged Date
WATERSIDE 14 LIMITED10 Jun 2011
Directors & Members
Show Resigned
Philip Jackson - Director
(British, 74 years old, born March 1950)
Money Transfer And Shipping Broker - Appointed 01 June 2011
Active
Secretaries
April Jackson - Secretary
Appointed 11 February 2015
Active
Balance Sheet Unlock full report
Accounts Date 31-May-2022 31-May-2021 31-May-2020
Balance Sheet
Fixed Assets 270,701 270,701 59,553
Current Assets 657,240 657,240 438,386
Creditors Due Within One Year 400,795 400,795 237,629
Working Cap 256,445 256,445 200,757
Total Assets Less Current Liabilities 527,146 527,146 260,310
Long-term Liabilities 527,144 527,144 260,308
Net Assets 2 2 2
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 2 2 2
Common Size Financial Analysis Unlock full report
Accounts Date 31-May-2022 31-May-2021 31-May-2020
Tangible Fixed Assets - - -
Fixed Assets 29.2% 29.2% 12.0%
Stocks Inventory - - -
Debtors 49.1% 49.1% 85.9%
Cash Bank In Hand 20.5% 20.5% 1.5%
Current Assets 70.8% 70.8% 88.0%
Creditors Due Within One Year 43.2% 43.2% 47.7%
Net Current Assets Liabilities 27.6% 27.6% 40.3%
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 0.0% 0.0% 0.0%
Capital Employed - - -
Total Assets Less Current Liabilities 56.8% 56.8% 52.3%
Financial Ratio Analysis Unlock full report
Accounts Date 31-May-2022 31-May-2021 31-May-2020
Liquidity Ratio 1.6 1.6 1.8
Solvency Ratio 1.0 1.0 1.0
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 2
Mortgages Outstanding 2
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-May-2022 31-May-2021 31-May-2020
Assets 927,941 927,941 497,939
Debt 927,939 927,939 497,937
Net Assets/Debt 2 2 2

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 company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

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 company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   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 company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a relatively small margin of cover over total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

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
Other Business around IG11 0DW
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ALGOR WHARF, 42, RIVER ROAD, BARKING, ESSEX, IG11 0DW
SWIFT CONNECTIONS LTD
UNIT 2 ALGOR WHARF, 42 RIVER ROAD, BARKING, ESSEX, IG11 0DW
SWIFT CASH LTD
UNIT 2 ALGOR WHARF, 42 RIVER ROAD, BARKING, ESSEX, IG11 0DW
PROPERTY LADDER LIMITED
UNIT 2 ALGOR WHARF, 42 RIVER ROAD, BARKING, ESSEX, IG11 0DW
GLORIOUS SOLUTIONS LIMITED
Media Park, 40b River Road, Barking, IG11 0DW
5 RIVER GARAGE SERVICES LTD
UNIT 4, ALGOR WHARF 42 RIVER ROAD, BARKING, ESSEX, IG11 0DW
VIP MOBILE TYRES & SERVICES LTD
40b River Road, Barking, IG11 0DW
XHAIL LTD
UNIT 4, ALGOR WHARF, 42, RIVER ROAD, BARKING, ESSEX, IG11 0DW
Document Filings
Previous accounting period extended from 25 May 2023 to 30 June 2023
Confirmation statement made on 5 September 2023 with updates
Notification of Swift Cash Holdings Limited as a person with significant control on 15 July 2021
Cessation of Philip Jackson as a person with significant control on 15 July 2021
Confirmation statement made on 26 May 2023 with no updates
Confirmation statement made on 26 May 2022 with no updates
Confirmation statement made on 26 May 2021 with no updates
Confirmation statement made on 26 May 2020 with no updates
Confirmation statement made on 26 May 2019 with no updates
Previous accounting period shortened from 28 May 2018 to 25 May 2018
Confirmation statement made on 26 May 2018 with no updates
Previous accounting period shortened from 31 May 2017 to 28 May 2017
Confirmation statement made on 26 May 2017 with no updates
Notification of Philip Jackson as a person with significant control on 6 April 2016
Annual return made up to 26 May 2016 with full list of shareholders
Director's details changed for Mr Philip Jackson on 26 May 2016

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