UK Companies House feature
MACH 1 COURIERS LIMITED
Cash
£3M
+248.1% vs 2023
Net assets
£382K
+369.1% vs 2023
Employees
50
-20.6% vs 2023
Profit before tax
£713K
+108.1% vs 2023
Profile
- Company number
- 01786175
- Status
- Active
- Incorporation
- 1984-01-26
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 52243
Net assets
7-year trend · vs UK Logistics & Mobility median
Accounts
7-year trend · latest 2024-12-31
| Metric | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | £14,474,638 | — | — | — | — | |
| Operating profit | — | — | £291,959 | — | — | — | — | |
| Profit before tax | — | — | £126,527 | £1,131,793 | £87,604 | £342,452 | £712,666 | |
| Net profit | — | — | £21,120 | £871,392 | £79,075 | £222,357 | £523,497 | |
| Cash | — | — | £1,115,550 | £1,352,452 | £426,093 | £886,637 | £3,086,649 | |
| Total assets less current liabilities | — | — | £2,037,910 | £2,497,785 | £1,236,813 | £2,232,761 | £453,829 | |
| Net assets | — | — | — | — | -£364,189 | -£141,832 | £381,665 | |
| Equity | -£1,587,935 | -£1,355,426 | -£1,314,656 | -£443,264 | -£364,189 | -£141,832 | £381,665 | |
| Average employees | — | — | 99 | 88 | 80 | 63 | 50 | |
| Wages | — | — | £3,786,590 | £3,264,976 | £2,836,817 | £2,175,899 | £1,710,118 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Bright Grahame Murray
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern.”
Significant events
- “Despite the decrease in revenue during the year the EBITDA performance of the company has improved as it benefits from efficiencies of being part of the CitySprint group which acquired the Company in 2023.”
- “The company's activities expose it to some business risks, the most significant being the competitive industry in which it operates. However, this risk has been reduced following the 2023 acquisition of the company by CitySprint (UK) Limited who have a national geographic coverage and service offering.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
4 active · 12 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CLARKE, Justin Neil | Secretary | 2023-02-22 | — | — |
| ADAMS, David Laurence | Director | 2023-02-22 | Aug 1970 | British |
| KHALIL, Adnan | Director | 2024-01-29 | Jul 1982 | British |
| STOCKTON, Jonathan | Director | 2024-01-29 | Feb 1972 | British |
Show 12 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GUERIN, Julia Maria | Secretary | 2019-11-07 | 2021-06-29 |
| MADDOX, John Peter | Secretary | 2021-06-29 | 2023-02-22 |
| THOMPSON, Jeremy Miles Allan | Secretary | — | 2019-11-07 |
| GODMAN, Stuart Lee | Director | 2019-10-07 | 2023-06-30 |
| GOMEZ, Chad | Director | 2018-01-02 | 2021-04-23 |
| HUSBANDS, Gordon Mackenzie | Director | 2015-01-26 | 2023-02-22 |
| PENNOCK, George William | Director | 2015-01-26 | 2023-02-22 |
| TAN, John Tarquin | Director | — | 2023-02-22 |
| THOMPSON, Jennifer Mary | Director | 1984-06-01 | 2015-01-26 |
| THOMPSON, Jeremy Miles Allan | Director | — | 2023-02-22 |
| WEST, Gary James | Director | 2023-02-22 | 2024-01-29 |
| WILLIAMS, David Michael | Director | 2023-02-22 | 2024-01-29 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Citysprint (Uk) Limited | Corporate entity | Shares 75–100% | 2023-02-22 | Active |
| Allandale Investments Limited | Corporate entity | Shares 50–75%, Voting 50–75%, Appoints directors | 2019-08-27 | Ceased 2023-02-22 |
| G Thompson Limited | Corporate entity | Shares 50–75% | 2016-04-06 | Ceased 2019-08-27 |
Filing timeline
Last 20 of 149 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-04-23 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-09-18 | AA | accounts | accounts with accounts type full |
| 2025-05-30 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-09-27 | AA | accounts | accounts with accounts type full |
| 2024-05-30 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-04-18 | PSC05 | persons-with-significant-control | change to a person with significant control |
| 2024-02-19 | AD01 | address | change registered office address company with date old address new address |
| 2024-02-05 | AP01 | officers | appoint person director company with name date |
| 2024-02-02 | TM01 | officers | termination director company with name termination date |
| 2024-02-02 | TM01 | officers | termination director company with name termination date |
| 2024-02-02 | AP01 | officers | appoint person director company with name date |
| 2023-12-12 | AA | accounts | accounts with accounts type full |
| 2023-09-12 | MR04 | mortgage | mortgage satisfy charge full |
| 2023-07-03 | TM01 | officers | termination director company with name termination date |
| 2023-05-31 | CS01 | confirmation-statement | confirmation statement with updates |
| 2023-05-31 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2023-05-31 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2023-02-27 | AP01 | officers | appoint person director company with name date |
| 2023-02-24 | TM01 | officers | termination director company with name termination date |
| 2023-02-24 | AP03 | officers | appoint person secretary company with name date |
Credit score
Altman Z″ (private-firm) · reference 2024-12-31
1.25
GREY ZONE
Altman Z″
- Working capital / Total assets 0.014 × 6.56 = +0.09
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.160 × 6.72 = +1.07
- Book equity / Total liabilities 0.081 × 1.05 = +0.08
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory