Paul Merrett Transport Limited
07951307
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Lesley Merrett
director · Since 28/03/2025
British
Paul James Merrett
director · Since 15/02/2012
British
Former
Keiran Maxwell Joseph Redriff
director · Resigned 28/03/2025
CompanyRankvs 288900+ SIC 49410 peers50
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
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
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.55 | -£90k |
| 2023 | 1.15 | — |
Derived from filed accounts. Not audited figures.