Back to search

Merthyr (South Wales) Limited

04261274

active - proposal to strike off
Private Limited Company
england wales
Companies House
Health Score
N/A

Details

BRADBURY HOUSE, NEWPORT, NP20 2DW
Incorporated 30/07/2001

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 07/07/2026

Due 21/07/2027

On track

Industry

41100
Development of building projects

Officers

Mr David Stanley Lewis

director · Since 05/10/2016

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 69

Also on 4 other boards

Persons with Significant Control

Merthyr Holdings Limited

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

Cwmbargoed Disposal Point, Fochriw Road, Merthyr Tydfil, CF48 4AE

Reg: 06330412 · United Kingdom Of Registrar · Limited

Notified 06/04/2016

Mr David Stanley Lewis

Significant control

British · Wales · Age 69

Bradbury House, Mission Court, Newport, NP20 2DW

Notified 01/06/2018

Former PSCs

Mrs Jayne Helen Louise Lewis

Ceased 01/06/2018

Charges2 outstanding

Charge
satisfied

HSBC EQUIPMENT FINANCE (UK) LTD

Created 20/03/2019Registered 21/03/2019Satisfied 07/04/2021
Charge
satisfied

HSBC EQUIPMENT FINANCE (UK) LTD

Created 20/03/2019Registered 21/03/2019Satisfied 07/04/2021
Charge
satisfied

HSBC UK BANK PLC

Created 01/11/2018Registered 05/11/2018Satisfied 07/04/2021
Charge
outstanding

GWENT HOLDINGS LIMITED

Created 31/08/2018Registered 05/09/2018
Charge
outstanding

GWENT HOLDINGS LIMITED (10119615)

Created 08/07/2018Registered 20/07/2018

CompanyRankvs 603+ SIC 41100 peers
68

Financial strength92th percentile among SIC peers · 23/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 88.97× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
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.

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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

that are free from material misstatement, whether due to fraud or error. In preparing the financial statements , the director is responsible for assessing the company ' s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the director either intends to liquidate the company or to cease operation

Key FinancialsYear ending 31/12/2024

Net Worth

£696k

Balance sheet strength

Cash

£484k

Cash in the bank

Profit Before Tax

-£3.6M

Bottom line earnings

Net Current Assets

£86.7M

Working capital

Current Assets

£87.7M

Current Liabilities

£985k

Fixed Assets

£444k

Debtors

£87.2M

Admin Expenses

£988k

Profit After Tax

-£3.6M

14avg. employees-87

Tax at Year End

Corp tax£0

People Costs

Wages & salaries£1.0M

Balance Sheet

Intangible assets£0
Assets less current liabilities£87.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
202488.97-£3.6M
20234.34

Derived from filed accounts. Not audited figures.