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Paul Merrett Transport Limited

07951307

active
Private Limited Company
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

24 PICTON HOUSE, WATERLOOVILLE, PO7 7SQ
Incorporated 15/02/2012

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 20/01/2026

Due 03/02/2027

On track

Industry

49410
Freight transport by road

Officers

Mr Paul James Merrett

director · Since 15/02/2012

TRANSPORT MANAGER

BRITISH · UNITED KINGDOM · Age 66

Mrs Lesley Merrett

director · Since 28/03/2025

DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Also on 2 other boards

Persons with Significant Control

Paul Merrett Holdings Limited

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

2, Greenfield Crescent, Waterlooville, PO8 9EH

Reg: 12779568 · The Registrar Of Companies · Private Limited Company

Notified 20/08/2020

Former PSCs

Mr Paul James Merrett

Ceased 20/08/2020

Mrs Lesley Merrett

Ceased 20/08/2020

Charges1 outstanding

Charge
outstanding

APOLLO BUSINESS FINANCE LIMITED

Created 23/01/2026Registered 23/01/2026

CompanyRankvs 25427+ SIC 49410 peers
40

Financial strength3th percentile among SIC peers · 1/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.55× · 6/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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25427Paul Merrett Transport Limited
46
How is this score calculated?
Financial strength1/25 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.

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.

Longevity14/15 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

-£41k

Balance sheet strength

Cash

£101

Cash in the bank

Net Current Assets

-£146k

Working capital

Current Assets

£181k

Current Liabilities

£327k

Fixed Assets

£166k

Debtors

£181k

6avg. employees-2

Tax at Year End(2019)

Dividends paid£60k

Balance Sheet

Assets less current liabilities£20k
Signed by Mr Paul Merrett 5 December 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.55-£42k
20240.75-£48k
20231.15-£84k
20221.88+£8k
20212.39+£30k
20201.78+£41k
20191.57—

Derived from filed accounts. Not audited figures.