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Merry Hill Private Hire Limited

03434604

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

UNIT 4 TWO WOODS INDUSTRIAL ESTATE, BRIERLEY HILL, DY5 2YX
Incorporated 16/09/1997

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49319
49319
49320
Taxi operation

CompanyRankvs 2370+ SIC 49319 peers
67

Financial strength75th percentile among SIC peers · 19/25
Employees80th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.56× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength19/25 pts

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

Employees12/15 pts

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

Liquidity6/20 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.

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

Key FinancialsYear ending 31/08/2024

Net Worth

£110k

Balance sheet strength

Cash

£78k

Cash in the bank

Net Current Assets

-£100k

Working capital

Current Assets

£128k

Current Liabilities

£228k

Fixed Assets

£515k

Debtors

£50k

7avg. employees-13

Balance Sheet

Bank loans & overdrafts£13k
Assets less current liabilities£415k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.56-£67k
20230.41

Derived from filed accounts. Not audited figures.