Myers Building Supplies Ltd
01116719
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 02/02/2012
NONE
BRITISH · ENGLAND · Age 40
Also on 10 other boards
director · Since 02/02/2012
NONE
BRITISH · ENGLAND · Age 39
Also on 6 other boards
Persons with Significant Control
Myers Group 1959 Limited
Myers House, Barr Street, Huddersfield, HD1 6PB
Reg: 00446451 · Uk Register · Ltd Company
Notified 06/04/2016
Charges3 outstanding
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK LTD
NATIONAL WESTMINSTER BANK LTD
CompanyRankvs 200+ SIC 46730 peers66
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
steps that they ought to have taken as directors in order to make themselves aware of all relevant audit information and to establish that the company’s auditor is aware of that information. Going concern The use of going concern basis of accounting is appropriate because there are no material uncertainties related to events or conditions that may cast significant doubt about the ability
Key FinancialsYear ending 30/09/2024
Net Worth
£11.9M
Balance sheet strength
Cash
£32k
Cash in the bank
Profit Before Tax
£1.3M
Bottom line earnings
Net Current Assets
£6.4M
Working capital
Current Assets
£16.2M
Current Liabilities
£9.8M
Fixed Assets
£7.8M
Debtors
£8.6M
Cost of Sales
£35.0M
Admin Expenses
£7.8M
Profit After Tax
£1.1M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.65 | +£1.1M |
| 2023 | 1.50 | -£1.7M |
| 2022 | 1.36 | +£3.8M |
| 2021 | 1.28 | +£884k |
| 2020 | 1.62 | — |
Derived from filed accounts. Not audited figures.