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Myers And Son Limited

15639519

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

16 WISETON COURT, NEWCASTLE UPON TYNE, NE7 7NT
Incorporated 12/04/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Alexander Myers

director · Since 12/04/2024

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 30

Mr Anthony Philip Myers

director · Since 12/04/2024

COMMERCIAL DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Persons with Significant Control

Mr Anthony Philip Myers

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

British · United Kingdom · Age 64

16, Wiseton Court, Newcastle Upon Tyne, NE7 7NT

Notified 12/04/2024

Mr Alexander Myers

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

British · United Kingdom · Age 30

Loft 38 The Turnbull, Queens Lane, Newcastle Upon Tyne, NE1 1NA

Notified 12/04/2024

CompanyRankvs 168932+ SIC 68100 peers
27

Financial strength19th percentile among SIC peers · 5/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.05× · 2/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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168932Myers And Son Limited
27
How is this score calculated?
Financial strength5/25 pts

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

Employees3/15 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.

Longevity2/15 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 30/04/2025

Net Worth

-£6k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£65k

Working capital

Current Assets

£3k

Current Liabilities

£69k

Fixed Assets

£59k

0avg. employees

Balance Sheet

Assets less current liabilities-£6k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20250.05

Derived from filed accounts. Not audited figures.