USHIP EXPRESS LTD
Company number 08658843 · Monitor this company
Executive summary
USHIP EXPRESS LTD presents unacceptable credit risk due to near-zero net assets (£743), severe cash deterioration (77% decline in FY2024), and a history of negative equity. The company operates with leverage exceeding 81:1 and share capital of just £1, providing no meaningful protection for creditors. The freight air transport sector's inherent volatility, combined with concentrated ownership and inconsistent financial performance over the past decade, makes this a clear decline. Any exposure would require significant security and would still carry outsized risk relative to potential return.
Shareholders' funds
£743
Balance sheet as at 2024-08-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2013-08-21
- Employees
- 2 (2024 accounts)
- Registered office
- Unit 5 Johnsons Industrial Estate, Silverdale Road, Hayes, England, UB3 3BA
- Postcode
- UB3 3BA
- Capital
- 1 GBP
- Accounts category
- Total Exemption Full
Accounts
- Last made up to
- 2024-08-31
- Next due by
- 2026-08-31
- Financial year end
- 31 August
Confirmation statement
- Last statement dated
- 2026-05-29
- Next due by
- 2027-06-12
Nature of business (SIC)
- 51210 Freight air transport
Officers 2 current · 5 resigned
Previous registered addresses 1
| Address | Changed on |
|---|---|
| 522 COVENTRY ROAD, SMALL HEATH, B10 0UN | 2019-03-01 |
Among its peers
No.17 of the largest freight air transport companies in Hayes →
Competitors Hayes
This company ranks 17 among freight air transport in Hayes.
The class of 2013
23%
of the 530,511 companies incorporated in 2013 are still active today; 75% have since been dissolved.
A fact about the year, not a forecast for this company.