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Merthyr Biomass Ltd

10892659

active
Private Limited Company
wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

13A VICTORIA GARDENS, NEATH, SA11 3AY
Incorporated 01/08/2017

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 09/12/2025

Due 23/12/2026

On track

Industry

35110
Production of electricity

Officers

Mr Nicholas Glyn Brannan

director · Since 01/08/2017

DIRECTOR

BRITISH · WALES · Age 55

Also on 8 other boards

Persons with Significant Control

Mr Nicholas Glyn Brannan

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

British · Wales · Age 55

13a, Victoria Gardens, Neath, SA11 3AY

Notified 01/08/2017

Former PSCs

Mr Dylan Jones

Ceased 11/10/2024

CompanyRankvs 1315+ SIC 35110 peers
63

Financial strength85th percentile among SIC peers · 21/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.6× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength21/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees12/15 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.

Longevity9/15 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.

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

Key FinancialsYear ending 31/10/2024

Net Worth

£383k

Balance sheet strength

Cash

£19k

Cash in the bank

Net Current Assets

-£69k

Working capital

Current Assets

£105k

Current Liabilities

£174k

Fixed Assets

£558k

Debtors

£84k

2avg. employees

Tax at Year End

Corp tax£21k

Balance Sheet

Assets less current liabilities£489k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.60+£121k
20230.33+£120k
20220.18-£2k
20210.26+£78k
20200.44+£45k
20190.34+£48k
20180.16

Derived from filed accounts. Not audited figures.