NEEDSPEED LTD
Company number 12633952 · Active · Sale M33 6QB
NEEDSPEED LTD is an active private limited company (company number 12633952) incorporated on 30 May 2020, registered in Sale. Its registered activity is freight transport by road (SIC 49410). Latest micro accounts cover the period ending 31 May 2025, showing net assets of £14k, with 1 employee on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 5% on the prior period (£13k). Across the last 3 periods on record the net-asset trend is rising.
By net assets it sits in the top quarter of 2,288 comparable companies in Manchester (median £751, upper quartile £12k).
Key dates
- Incorporated
- 30 May 2020
- Next accounts due
- 28 February 2027 — in 129 days
- Confirmation statement due
- 13 June 2027 — in 234 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
Activity
- SIC 49410
- Freight transport by road
- Accounts type
- Micro Entity
- Size band
- Micro (Companies Act thresholds)
Financials — 3 periods on record, latest ending 31 May 2025
| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 May 2025 | £14k | — | — | £23k | — | — | 1 |
| 31 May 2024 | £13k | — | — | £68k | — | — | 1 |
| 31 May 2023 | £5,260 | — | — | £37k | — | — | 1 |
- Current ratio
- 0.08 — current liabilities exceed current assets
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing; micro-entity accounts contain no profit and loss account.
Firmoscan score: 65/100 (grade B)
- +10 Positive net assets — Net assets £14,063 at 2025-05-31
- -8 Current liabilities exceed current assets — Current ratio 0.08
- +5 Multi-year filing history — 3 periods on record
- +8 Established — Incorporated 2020-05-30 (6 years)
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice.
Ownership and control
- Mr Hashim Iqbal — owns 75–100% of shares; owns 75–100% of shares; owns 75–100% of shares; holds 75–100% of voting rights; holds 75–100% of voting rights; holds 75–100% of voting rights · since 12 July 2021
- Mr Jawed Chowdhary — has significant influence or control · since 30 May 2020 · ceased 30 May 2020
- Mr Zahid Iqbal — has significant influence or control · since 30 May 2020 · ceased 6 July 2021
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
Similar companies in Manchester
Same activity (freight transport by road), closest in incorporation date.
- GEORGE 2020 LIMITED — Warrington, inc. May 2020
- I&AMALIA LTD — Salford, inc. Jun 2020
- GOOD MORNING SUPPORT SERVICES LTD — Oldham, inc. Jun 2020
- RMB WORLD LTD — St. Helens, inc. Jun 2020
- JMHK LTD — Manchester, inc. Jun 2020
- MNA PRODRIVE LTD — Rochdale, inc. Jun 2020
All companies incorporated on 30 May 2020 · in May 2020.
Reminders for NEEDSPEED LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.