SPEED-TECH (UK) LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-10-31 (in 5mo)
Last made up 2025-10-17
Watchouts
None on the register
Cash
£4M
-16.4% vs 2022
Net assets
£8M
+15.3% highest in 5 filed years
Employees
15
0% vs 2022
Profit before tax
—
Period ending 2023-12-31
Net assets
5-year trend · vs Industrials median
Accounts
5-year trend · latest reflected 2023-12-31
Latest accounts filed cover 2024-12-31; financial figures currently reflect up to 2023-12-31.
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | |
| Operating profit | — | — | — | — | — | |
| Profit before tax | — | — | — | — | — | |
| Net profit | — | — | — | — | — | |
| Cash | — | £1,615,719 | £1,789,747 | £4,426,381 | £3,700,687 | |
| Total assets less current liabilities | £2,301,583 | £3,323,360 | £5,942,911 | £7,521,822 | £8,247,793 | |
| Net assets | £1,940,497 | £2,675,567 | £5,114,045 | £6,912,718 | £7,968,844 | |
| Equity | £1,940,497 | — | — | — | — | |
| Average employees | 2 | 8 | 14 | 15 | 15 | |
| Wages | — | — | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|---|---|---|
| Current ratio | — | 2.51x | 2.97x | 3.92x | 4.16x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Ballantyne & Co
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the director's 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 entity's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue.”
Significant events
- “The company has benefited from increased demand for reliable supply chain services, particularly in e-commerce and retail sectors. Investments in fleet expansion, route optimization, and digital tracking systems have contributed to improved service delivery and customer satisfaction.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| KHOSA, Baljinder Singh | Secretary | 2004-12-20 | — | Indian |
| KHOSA, Jatinder Singh | Director | 2004-12-20 | Nov 1977 | Indian |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| JOHAL, Balvinder Singh | Secretary | 2004-12-15 | 2004-12-20 |
| JOHAL & COMPANY (NOMINEES) LIMITED | Corporate Director | 2004-12-15 | 2004-12-20 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Baljinder Singh Khosa | Individual | Shares 50–75%, Voting 50–75%, Appoints directors, right-to-appoint-and-remove-directors-as-firm | 2020-10-13 | Active |
| Mr Jatinder Singh Khosa | Individual | Significant influence | 2020-10-13 | Active |
Filing timeline
Last 20 of 62 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-22 | AA | accounts | Accounts with accounts type full | |
| 2025-10-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-01 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-10-17 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-26 | AA | accounts | Accounts with accounts type unaudited abridged | |
| 2023-09-29 | AA | accounts | Accounts with accounts type unaudited abridged | |
| 2023-09-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-30 | AA | accounts | Accounts with accounts type unaudited abridged | |
| 2022-09-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-01-24 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2021-09-30 | AA | accounts | Accounts with accounts type micro entity | |
| 2021-09-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-01-22 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2021-01-22 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2020-12-15 | AA | accounts | Accounts with accounts type total exemption full | |
| 2020-10-13 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2020-10-13 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2020-10-13 | PSC09 | persons-with-significant-control | Withdrawal of a person with significant control statement | |
| 2020-09-14 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2022 → FY2023 · period ending 2023-12-31 vs 2022-12-31
-
Turnover
—
Not reported
-
Cash
-16.4%
£4,426,381 £3,700,687
-
Net assets
+15.3%
£6,912,718 £7,968,844
highest in 5 filed years
-
Employees
0%
15 15
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers