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M Barnes Trailer Hire Limited

10920322

active
Private Limited Company
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)
  • Negative net worth (-10)

Details

25 DUNCOMBE TERRACE, FERRYHILL, DL17 8BW
Incorporated 17/08/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49410
Freight transport by road
77210
Renting and leasing of recreational and sports goods
77390
Renting and leasing of other machinery, equipment and tangible goods

Officers

Mr Matthew Barnes

director · Since 17/08/2017

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 31

Also on 1 other board

Persons with Significant Control

Mr Matthew Barnes

75–100% shares
75–100% votes
right-to-appoint-and-remove-directors-as-trust

British · United Kingdom · Age 31

25, Duncombe Terrace, Ferryhill, DL17 8BW

Notified 17/08/2017

CompanyRankvs 39619+ SIC 49410 peers
32

Financial strength8th percentile among SIC peers · 2/25
Employees26th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.04× · 2/20
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 strength2/25 pts

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

Employees4/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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 31/08/2024

Net Worth

-£12k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£42k

Working capital

Current Assets

£6k

Current Liabilities

£144k

Fixed Assets

£93k

1avg. employees

Balance Sheet

Assets less current liabilities£51k
Prepared with BTCSoftware AP Solution 2025 12.1.02

EstimatesDerived

YearCurrent RatioImplied Profit
20240.04-£33k
20230.13-£32k
20220.16-£11k
20210.21

Derived from filed accounts. Not audited figures.