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Nearby Couriers Ltd

13544751

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

14 & 15 SOUTHERNHAY WEST, EXETER, EX1 1PL
Incorporated 03/08/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

53100
Postal activities under universal service obligation

Officers

Mr Michael Thomas Etheridge

director · Since 03/08/2021

DRIVER

BRITISH · ENGLAND · Age 61

Persons with Significant Control

Mr Michael Thomas Etheridge

25–50% shares
25–50% votes
Appoint directors

British · England · Age 61

14 & 15, Southernhay West, Exeter, EX1 1PL

Notified 03/08/2021

Miss Kayleigh Basson

25–50% shares
25–50% votes

British · England · Age 32

14 & 15, Southernhay West, Exeter, EX1 1PL

Notified 03/08/2021

CompanyRankvs 1141+ SIC 53100 peers
48

Financial strength70th percentile among SIC peers · 18/25
Employees27th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.91× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength18/25 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.

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.

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.

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

Key FinancialsYear ending 31/08/2025

Net Worth

£14k

Balance sheet strength

Cash

£12k

Cash in the bank

Net Current Assets

-£5k

Working capital

Current Assets

£50k

Current Liabilities

£55k

Fixed Assets

£33k

Debtors

£38k

1avg. employees

Balance Sheet

Assets less current liabilities£28k
Signed by Mr Michael Etheridge 28th May 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.91+£5k
20240.76+£13k
20230.74—
20220.89—

Derived from filed accounts. Not audited figures.