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Baynes & Son Haulage Limited

04631776

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

PLOT 16, BANGOR, LL57 4YH
Incorporated 09/01/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49410
Freight transport by road

Officers

Patricia Baynes

secretary · Since 09/01/2003

COMPANY SECRETARY

BRITISH · Age 79

Also on 7 other boards

Mr Lee Michael Baynes

director · Since 09/01/2003

HAULIER

BRITISH · UNITED KINGDOM · Age 52

Mr Michael Baynes

director · Since 09/01/2003

HAULIER

BRITISH · WALES · Age 82

Also on 1 other board

Patricia Baynes

director · Since 09/01/2003

COMPANY SECRETARY

BRITISH · Age 79

Also on 7 other boards

Persons with Significant Control

Mr Lee Michael Baynes

50–75% shares
50–75% votes

British · United Kingdom · Age 52

Plot 16, Llandygai Industrial Estate, Bangor, LL57 4YH

Notified 06/04/2016

Former PSCs

Mr Michael Baynes

Ceased 01/10/2021

Charges2 outstanding

charge
outstanding

FINANCE WALES INVESTMENTS LIMITED

Created 17/10/2003Registered 23/10/2003
charge
satisfied

LLOYDS TSB BANK PLC

Created 13/02/2003Registered 15/02/2003Satisfied 04/01/2024
charge
outstanding

LLOYDS TSB BANK PLC

Created 03/02/2003Registered 06/02/2003

CompanyRankvs 398+ SIC 49410 peers
79

Financial strength97th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.1× · 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 strength24/25 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/06/2025

Net Worth

£1.1M

Balance sheet strength

Cash

£407k

Cash in the bank

Net Current Assets

£469k

Working capital

Current Assets

£894k

Current Liabilities

£425k

Fixed Assets

£867k

Debtors

£488k

31avg. employees

Balance Sheet

Assets less current liabilities£1.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.10+£0
20252.10+£77k
20241.96+£7k
20232.05

Derived from filed accounts. Not audited figures.