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Myers Quality Bakers Limited

05054505

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

20 BULL RING, LINCOLNSHIRE, LN9 5HU
Incorporated 24/02/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

10710
Manufacture of bread; manufacture of fresh pastry goods and cakes

Officers

Mrs Jane Eva Myers

director · Since 17/03/2004

BAKERY PARTNER

BRITISH · UNITED KINGDOM · Age 66

Mr Richard Arthur Myers

director · Since 17/03/2004

BAKER & CONFECTIONER

BRITISH · UNITED KINGDOM · Age 68

Amanda Jane Myers

director · Since 07/04/2004

BAKERY PARTNER

BRITISH · ENGLAND · Age 64

Michael Trevor Myers

director · Since 07/04/2004

BAKER AND CONFECTIONER

BRITISH · ENGLAND · Age 66

Robert William Clement Myers

secretary · Since 17/11/2006

BRITISH · Age 43

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 03/12/2014Registered 09/12/2014
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 02/10/2012Registered 04/10/2012

CompanyRankvs 81+ SIC 10710 peers
77

Financial strength95th percentile among SIC peers · 24/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 4.58× · 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.

Employees13/15 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 31/03/2025

Net Worth

£553k

Balance sheet strength

Cash

£19k

Cash in the bank

Net Current Assets

£458k

Working capital

Current Assets

£586k

Current Liabilities

£128k

Fixed Assets

£194k

Debtors

£550k

21avg. employees-1

Balance Sheet

Bank loans & overdrafts£107k
Assets less current liabilities£652k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20254.58-£30k
20245.64-£20k
20237.84+£67k
20223.89-£31k
20214.78+£407
20204.80-£152k
20195.11

Derived from filed accounts. Not audited figures.