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Transit Retail Services Limited

02997007

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

TAXASSIST ACCOUNTANTS, MARKET HARBOROUGH, LE16 7DX
Incorporated 01/12/1994

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mrs Patricia Lee

secretary · Since 23/01/2014

Mr Mark Pierpoint

director · Since 27/03/2026

BRITISH · UNITED KINGDOM · Age 61

Also on 2 other boards

Persons with Significant Control

Mr Mark Pierpoint

75–100% shares

British · United Kingdom · Age 61

Manor Farm, Wibtoft, LE17 5BB

Notified 06/04/2016

Charges1 outstanding

Charge
satisfied

PARAGON BUSINESS FINANCE PLC

Created 20/12/2017Registered 21/12/2017Satisfied 21/11/2022
Charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 26/08/2016Registered 02/09/2016Satisfied 19/02/2019
Charge
satisfied

THINCATS LOAN SYNDICATES LIMITED

Created 26/02/2014Registered 26/02/2014Satisfied 22/11/2017
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 12/08/1998Registered 20/08/1998

CompanyRankvs 2284+ SIC 82990 peers
77

Financial strength90th percentile among SIC peers · 23/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.44× · 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 strength23/25 pts

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

Employees14/15 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 31/03/2024

Net Worth

£267k

Balance sheet strength

Cash

£29k

Cash in the bank

Net Current Assets

£256k

Working capital

Current Assets

£434k

Current Liabilities

£177k

Fixed Assets

£132k

Debtors

£375k

9avg. employees

Tax at Year End

Corp tax-£12k
VAT£9k

Director Loans

Company owes directors£45k

Balance Sheet

Assets less current liabilities£389k
Signed by Mr Charles Pierpoint 03/09/2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20242.44-£23k£181k
20231.87-£69k£716k
20222.11+£6k
20212.44+£191k
20201.51-£11k
20192.14

Derived from filed accounts. Not audited figures.