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Shearings Transport Ltd

13351918

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

SUNWAY HOUSE, ROTHERHAM, S60 2XR
Incorporated 22/04/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

79120
Tour operator activities

Officers

Mr Andrew Oldfield

secretary · Since 22/04/2021

Also on 14 other boards

Mr Liam Race

director · Since 22/04/2021

COMMERCIAL DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Also on 6 other boards

Mr Andrew Oldfield

director · Since 15/09/2022

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 14 other boards

Persons with Significant Control

Shearings Travel Limited

75–100% shares
75–100% votes

Sunway House, Canklow Meadows, Rotherham, S60 2XR

Reg: 03746239 · Companies House · Limited Company

Notified 22/04/2021

Charges0 outstanding

Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 15/09/2021Registered 22/09/2021Satisfied 30/10/2024

CompanyRankvs 15460+ SIC 79120 peers
46

Financial strength53th percentile among SIC peers · 13/25
Employees70th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1× · 12/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength13/25 pts

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

Employees11/15 pts

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

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity5/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£20.4M

Annual revenue

Net Worth

£1k

Balance sheet strength

Cash

£733

Cash in the bank

Net Current Assets

£1k

Working capital

Current Assets

£1.4M

Current Liabilities

£1.4M

Debtors

£1.4M

Cost of Sales

£17.8M

Gross Profit

£2.6M

Admin Expenses

£2.6M

Operating Profit

-£660

2avg. employees

Balance Sheet

Assets less current liabilities£1k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent Ratio
20241.00
20231.00
20221.00
20211.00

Derived from filed accounts. Not audited figures.