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Mears Transport Ltd

11643760

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)
  • Current liabilities exceed current assets (-10)

Details

BELT VIEW FARM, STAFFORD, ST17 0SH
Incorporated 25/10/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45190
Sale of other motor vehicles
49410
Freight transport by road

Officers

Mr Scott Edwin Mears

director · Since 25/10/2018

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Also on 2 other boards

Mrs Susan Joyce Mears

director · Since 07/11/2019

DIRECTOR

BRITISH · ENGLAND · Age 72

Also on 1 other board

Persons with Significant Control

Mr Scott Edwin Mears

25–50% shares
25–50% votes

British · United Kingdom · Age 45

Belt View Farm, Cannock Road, Stafford, ST17 0SH

Notified 25/10/2018

Mrs Susan Joyce Mears

50–75% shares
50–75% votes
Appoint directors

British · England · Age 72

Belt View Farm, Cannock Road, Stafford, ST17 0SH

Notified 18/03/2024

Charges0 outstanding

Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 14/02/2019Registered 19/02/2019

CompanyRankvs 2022+ SIC 45190 peers
57

Financial strength56th percentile among SIC peers · 14/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.61× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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2022Mears Transport Ltd
52
How is this score calculated?
Financial strength14/25 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.

Longevity8/15 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 30/09/2024

Net Worth

£7k

Balance sheet strength

Cash

£13k

Cash in the bank

Net Current Assets

-£83k

Working capital

Current Assets

£128k

Current Liabilities

£211k

Fixed Assets

£98k

Debtors

£115k

7avg. employees-1

Tax at Year End

VAT£34k

Director Loans

Company owes directors£52k

Balance Sheet

Assets less current liabilities£15k
Signed by Mr S E Mears 20 May 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.61+£49k£685k
20230.46-£51k—
20220.71-£17k£182k
20211.11+£64k£473k
20200.59——

Derived from filed accounts. Not audited figures.