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Meritex International Freight Services Limited

03617385

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

THE COACH HOUSE, EXETER, EX4 3ER
Incorporated 18/08/1998

Compliance

Last accounts

28/02/2025

unaudited abridged

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 30/07/2025

Due 13/08/2026

On track

Industry

52290
Other transportation support activities

Officers

Mr Henry Richard Francis Osborne

secretary · Since 19/08/1998

FREIGHT FORWARDER

BRITISH · UNITED KINGDOM · Age 65

Also on 11 other boards

Mr Henry Richard Francis Osborne

director · Since 19/08/1998

FREIGHT FORWARDER

BRITISH · UNITED KINGDOM · Age 65

Also on 11 other boards

Mr Paul Anthony Saunders

director · Since 19/08/1998

FREIGHT FORWARDER

BRITISH · UNITED KINGDOM · Age 61

Also on 4 other boards

Ms Rasa Margyte

director · Since 01/09/2016

FREIGHT FORWARDER

LITHUANIAN · ENGLAND · Age 43

Also on 4 other boards

Joseph Sweet Mr Daniel

director · Since 01/11/2022

FREIGHT FORWARDER

BRITISH · ENGLAND · Age 35

Also on 4 other boards

Persons with Significant Control

Meritex Holdings Worldwide Limited

ownership-of-shares-75-to-100-percent-as-firm
voting-rights-75-to-100-percent-as-firm

The Coach House, 20 Northernhay Street, Exeter, EX4 3ER

Reg: 10333600 · Legal & Governing Law · Holding Company

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 23/05/2013Registered 24/05/2013

CompanyRankvs 604+ SIC 52290 peers
70

Financial strength96th percentile among SIC peers · 24/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.46× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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604Meritex International Freight Services Limited
80
How is this score calculated?
Financial strength24/25 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.

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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 28/02/2025

Net Worth

£534k

Balance sheet strength

Cash

£78k

Cash in the bank

Net Current Assets

£419k

Working capital

Current Assets

£1.3M

Current Liabilities

£915k

Fixed Assets

£165k

Debtors

£1.3M

6avg. employees-1

Balance Sheet

Bank loans & overdrafts£100k
Assets less current liabilities£584k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.46+£12k
20241.67+£5k
20231.96+£77k
20222.03-£209k
20213.91—
20191.73—
20182.64—

Derived from filed accounts. Not audited figures.