NICHOLSONS TRANSPORT LIMITED
Company number 02335512 · Monitor this company
This company is in liquidation.
The annual accounts for this company are overdue.
The confirmation statement for this company is overdue.
Executive summary
Nicholsons Transport Limited represents a cautionary case of chronic undercapitalization in a low-margin, capital-intensive industry. The company's net liabilities exceeded £1 million by its final filing, with cash reserves of under £4,000 and total reliance on factoring and group support to continue trading. The liquidation was the predictable outcome of a deteriorating balance sheet that worsened by approximately £100k annually over seven consecutive years. For the parent group and sector participants, the lesson is clear: sustainable road freight operations require either significant scale advantages or specialist differentiation—neither of which this entity achieved.
Shareholders' funds
-£1,092,080
Balance sheet as at 2018-05-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 1989-01-17
- Registered office
- 6th Floor Bank House, Cherry Street, Birmingham, B2 5AL
- Postcode
- B2 5AL
- Capital
- 100 GBP
- Accounts category
- Unaudited Abridged
- Charges
- 3 outstanding
Accounts
- Last made up to
- 2018-05-31
- Next due by
- 2020-02-29 Overdue
- Financial year end
- 30 May
Confirmation statement
- Last statement dated
- 2019-01-17
- Next due by
- 2020-01-31 Overdue
Nature of business (SIC)
- 49410 Freight transport by road
Officers 3 current · 3 resigned
Group structure
Controlled by NICHOLSON GROUP LTD — since 2016-04-06
From persons-with-significant-control filings on the public register.
Contact details
Previous company names
| Name | Date changed |
|---|---|
| RODPROFIT LIMITED | 1989-06-30 |
Previous registered addresses 5
| Address | Changed on |
|---|---|
| ROWLANDS HOUSE, PORTOBELLO ROAD BIRTLEY, CHESTER LE STREET, COUNTY DURHAM, DH3 2RY | 2019-10-09 |
| BURNSIDE HOUSE ICI WEST GATE, CHILTONS AVENUE, BILLINGHAM, TS23 1JD | 2019-07-08 |
| 9D ROYCE AVENUE, COWPEN LANE INDUSTRIAL ESTATE, BILLINGHAM, CLEVELAND TS23 4BX | 2002-07-24 |
| WYNCROFT, A19 SUDERLAND ROAD, DALTON PIERCY, HARTLEPOOL TS27 3HG | 1992-11-19 |
| 2 BACHES STREET, LONDON N1 6UB | 1989-07-10 |
The class of 1989
50%
of the 21,096 companies incorporated in 1989 are still active today; 44% have since been dissolved.
A fact about the year, not a forecast for this company.