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Fred Sherwood & Sons (Transport) Limited

01170850

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

47 ASHBY ROAD CENTRAL, LOUGHBOROUGH, LE12 9BS
Incorporated 20/05/1974

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49410
Freight transport by road

Officers

Andrew John Disney

secretary · Since 15/12/2014

Andrew John Disney

director · Since 02/07/2022

British

Alan Frederick Sherwood

director

British

Ashley Paul Alan Sherwood

director · Since 24/11/1995

British

Justin Anthony Sherwood

director · Since 19/03/1998

British

Sheila Irene Sherwood

director

British

Belinda Hayley Sherwood-Ratcliffe

director · Since 15/12/2006

British

Former

Roger Michael Orrill

secretary · Resigned 14/12/2014

John Reuben Cartlidge

director · Resigned 19/03/1998

Roger Michael Orrill

director · Resigned 14/12/2014

CompanyRankvs 17680+ SIC 49410 peers
72

Financial strength100th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.14× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

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

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/03/2024

Turnover

£37.7M

Annual revenue

Net Worth

£10.3M

Balance sheet strength

Cash

£8k

Cash in the bank

Profit Before Tax

£380k

Bottom line earnings

Net Current Assets

£2.0M

Working capital

Current Assets

£16.6M

Current Liabilities

£14.6M

Fixed Assets

£15.7M

Debtors

£16.6M

Cost of Sales

£35.7M

Gross Profit

£2.0M

Admin Expenses

£1.7M

Operating Profit

£610k

Profit After Tax

£282k

34avg. employees-1

Tax at Year End

Dividends paid£886k

People Costs

Wages & salaries£1.0M
NI contributions£123k

Balance Sheet

Bank loans & overdrafts£145k
Assets less current liabilities£17.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.14-£604k
20231.31

Derived from filed accounts. Not audited figures.