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Sheers Limited

01347974

active
Private Limited Company
england wales
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

UNIT G7, DARLINGTON, DL1 4PQ
Incorporated 13/01/1978

Compliance

Last accounts

31/03/2025

audit exemption subsidiary

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 26/08/2025

Due 09/09/2026

On track

Industry

42910
Construction of water projects
43210
Electrical installation
43290
Other construction installation

Officers

Mr Allan William Dallas

director · Since 10/03/2021

ENGINEER

BRITISH · UNITED KINGDOM · Age 64

Also on 24 other boards

Mr Stuart Johnston

director · Since 10/03/2021

MECHANICAL ENGINEER

BRITISH · UNITED KINGDOM · Age 59

Mr Iain Ross Macgregor

director · Since 10/03/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Also on 76 other boards

Persons with Significant Control

Ross-Shire Engineering Limited

75–100% shares
75–100% votes
Appoint directors

Muir Of Ord Industrial Estate, Muir Of Ord, Ross-Shire, IV6 7UA

Reg: Sc177939 · Uk Companies Register · Private Company Limited By Shares

Notified 10/03/2021

Former PSCs

Mrs Judith Marion Warren

Ceased 10/03/2021

Mr Roy Warren

Ceased 10/03/2021

Charges3 outstanding

Charge
outstanding

HSBC UK BANK PLC (AS SECURITY AGENT)

Created 25/03/2025Registered 07/04/2025
Charge
outstanding

HSBC UK BANK PLC (AS SECURITY AGENT)

Created 18/08/2023Registered 24/08/2023
Charge
outstanding

MML UK ADVISOR LLP (AS SECURITY TRUSTEE)

Created 18/08/2023Registered 22/08/2023
Charge
satisfied

HSBC UK BANK PLC

Created 13/10/2021Registered 20/10/2021Satisfied 23/08/2023
Charge
satisfied

BANK OF SCOTLAND PLC (SC327000)

Created 16/08/2021Registered 19/08/2021Satisfied 26/10/2021
charge
satisfied

HSBC BANK PLC

Created 27/08/2002Registered 28/08/2002Satisfied 10/03/2021
charge
satisfied

LLOYDS BANK PLC

Created 02/03/1995Registered 06/03/1995Satisfied 27/03/2015
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 17/12/1992Registered 22/12/1992Satisfied 29/03/1995
charge
satisfied

CLYDESDALE BANK PUBLIC LIMITED COMPANY.

Created 28/11/1983Registered 15/12/1983Satisfied 28/01/1993

CompanyRankvs 270+ SIC 42910 peers
77

Financial strength89th percentile among SIC peers · 22/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.04× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength22/25 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.

Liquidity20/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2021

Net Worth

£640k

Balance sheet strength

Cash

£620k

Cash in the bank

Net Current Assets

£568k

Working capital

Current Assets

£1.1M

Current Liabilities

£544k

Fixed Assets

£75k

Debtors

£20k

33avg. employees-2

Balance Sheet

Assets less current liabilities£643k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20212.04+£624k
20202.29+£0
20191.77—

Derived from filed accounts. Not audited figures.