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Garn Transport Limited

03078246

active
Private Limited Company
england wales
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

WARDENTREE LANE, SPALDING, PE11 3UG
Incorporated 11/07/1995

Compliance

Last accounts

31/12/2025

total exemption full

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 11/07/2025

Due 25/07/2026

On track

Industry

45200
Maintenance and repair of motor vehicles
49410
Freight transport by road
52103
52103

Officers

Susan Jayne Garn

secretary · Since 26/07/1995

BRITISH

Also on 2 other boards

Mr Richard Alec Garn

director · Since 26/07/1995

HAULIER

BRITISH · ENGLAND · Age 74

Also on 2 other boards

Persons with Significant Control

Mr Richard Alec Garn

50–75% shares
ownership-of-shares-25-to-50-percent-as-trust
50–75% votes
voting-rights-25-to-50-percent-as-trust
Appoint directors

British · England · Age 74

Wardentree Lane, Spalding, PE11 3UG

Notified 06/04/2016

Former PSCs

Mr Nicholas Barks

Ceased 07/11/2022

Charges4 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 03/02/2006Registered 10/02/2006
charge
outstanding

BARCLAYS COMMERCIAL SERVICES LIMITED

Created 04/02/1998Registered 18/02/1998
charge
outstanding

BARCLAYS BANK PLC

Created 29/01/1998Registered 04/02/1998
charge
outstanding

BARCLAYS BANK PLC

Created 28/01/1998Registered 04/02/1998
charge
satisfied

MIDLAND BANK PLC

Created 10/08/1995Registered 12/08/1995Satisfied 20/03/2002
charge
satisfied

MIDLAND BANK PLC

Created 08/08/1995Registered 09/08/1995Satisfied 20/03/2002

CompanyRankvs 2244+ SIC 45200 peers
76

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.97× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Wallis & Son Limited
90
2J.P. Arthur & Sons Limited
90
3T.Reeve And Son Limited
90
4P. Goddard & Sons Limited
90
5Leeson'S Garage Limited
90
6Hadleigh Tyre Services Limited
90
7Platts Motor Company Limited
90
8Whartons Garage Limited
90
9Holders Of Congresbury Limited
90
10Westridge Garage (Ryde) Limited
90
2244Garn Transport Limited
82
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.

Liquidity16/20 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 31/12/2025

Net Worth

£2.2M

Balance sheet strength

Cash

£875k

Cash in the bank

Net Current Assets

£733k

Working capital

Current Assets

£1.5M

Current Liabilities

£754k

Fixed Assets

£2.1M

Debtors

£573k

32avg. employees+1

Tax at Year End

Corp tax£58k

Balance Sheet

Intangible assets£0
Assets less current liabilities£2.8M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.97+£112k
20241.90-£5k
20231.66+£71k
20221.47+£343k
20211.36+£318k
20201.26+£257k
20191.20+£92k
20181.17+£142k
20161.15—

Derived from filed accounts. Not audited figures.