Company Overview
Shearings Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Tuesday 12 March 1963, so this is a well established company. Shearings Limited has been in business for 61 years and 2 months. The accounts status is full and the accounts are next due on Thursday 31 December 2020.
Registered Address

Waterside House, Waterside Drive, Wigan, Lancashire, WN3 5AZ
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Companies House Data
Company NameSHEARINGS LIMITED
Company Number00753110
Registered Office AddressWaterside House
 Waterside Drive
 WN3 5AZ
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date12/03/1963
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date31/12/2020
Accounts Last Made Up Date31/12/2018
Accounts Account CategoryFULL
Returns Next Due Date18/04/2017
Returns Last Made Up Date21/03/2016
Previous Company NameChanged Date
WA SHEARINGS LIMITED04 Mar 2008
SHEARINGS LIMITED13 Mar 2006
Directors & Members
Show Resigned
Graham Rogers - Director
(British, 61 years old, born September 1963)
Company Director - Appointed 18 May 2009
 Active
Secretaries
Show Resigned
Other Company Directorships
Graham Rogers
COACH HOLIDAY GROUP LIMITED
MAGENTA TRAVEL LIMITED
NATIONAL HOLIDAYS LIMITED
NATIONAL HOLIDAYS TOURS LIMITED
SHEARINGS GROUP LIMITED
SHEARINGS HOLIDAYS LIMITED
SHEARINGS LEISURE GROUP LIMITED
SPECIALIST LEISURE GROUP LIMITED
UK BREAKAWAYS LIMITED
WALLACE ARNOLD TRAVEL LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Dec-2018 31-Dec-2011 31-Dec-2010
Balance Sheet
Fixed Assets 14,567,000 14,567,000 17,808,000
Current Assets 32,583,000 32,583,000 32,258,000
Creditors Due Within One Year 11,090,000 11,090,000 11,191,000
Working Cap 21,493,000 21,493,000 21,067,000
Total Assets Less Current Liabilities 36,060,000 36,060,000 38,875,000
Long-term Liabilities 4,071,000 4,071,000 7,428,000
Net Assets 31,989,000 31,989,000 31,447,000
Share Capital & Reserves
Share Cap 30,000,000 30,000,000 30,000,000
Profit & Loss Reserves 1,989,000 1,989,000 1,447,000
Other Reserves 0 0 0
Shareholders Funds 31,989,000 31,989,000 31,447,000
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2018 31-Dec-2011 31-Dec-2010
Tangible Fixed Assets - - -
Fixed Assets 30.9% 30.9% 35.6%
Stocks Inventory 1.2% 1.2% 1.3%
Debtors 67.9% 67.9% 60.3%
Cash Bank In Hand 0.0% 0.0% 2.8%
Current Assets 69.1% 69.1% 64.4%
Creditors Due Within One Year 23.5% 23.5% 22.4%
Net Current Assets Liabilities 45.6% 45.6% 42.1%
Creditors Due After One Year 3.2% 3.2% 7.3%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 67.8% 67.8% 62.8%
Called Up Share Capital 63.6% 63.6% 59.9%
Share Capital Allotted Called Up Paid 63.6% 63.6% 59.9%
Profit Loss Account Reserve 4.2% 4.2% 2.9%
Shareholder Funds 67.8% 67.8% 62.8%
Capital Employed - - -
Total Assets Less Current Liabilities 76.5% 76.5% 77.6%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2018 31-Dec-2011 31-Dec-2010
Liquidity Ratio 2.9 2.9 2.9
Solvency Ratio 3.1 3.1 2.7
Reserves to Assets 0.0 0.0 0.0
Secured Creditors Unlock full report
Mortgages Charges 16
Mortgages Outstanding 2
Mortgages Part Satisfied 0
Mortgages Satisfied 14
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2018 31-Dec-2011 31-Dec-2010
Assets 47,150,000 47,150,000 50,066,000
Debt 15,161,000 15,161,000 18,619,000
Net Assets/Debt 31,989,000 31,989,000 31,447,000

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet indicates the net assets of a good sized company. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet indicates the net assets of a good sized company. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet indicates the net assets of a good sized company. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around WN3 5AZ
SHEARINGS HOLIDAYS LIMITED
Waterside House, Waterside Drive, Wigan, Lancashire, WN3 5AZ
MAGENTA TRAVEL LIMITED
Waterside House, Waterside Drive, Wigan, Lancashire, WN3 5AZ
SHEARINGS LEISURE GROUP LIMITED
1 BRIDGEWATER PLACE, WATER LANE, LEEDS, WEST YORKSHIRE, WN3 5AZ
COAST & COUNTRY HOTELS LIMITED
Waterside House, Waterside Drive, Wigan, Lancashire, WN3 5AZ
COACH HOLIDAY GROUP LIMITED
Waterside House, Waterside Drive, Wigan, Lancashire, WN3 5AZ
NATIONAL HOLIDAYS LIMITED
Waterside House, Waterside Drive, Wigan, Lancashire, WN3 5AZ
NATIONAL HOLIDAYS TOURS LIMITED
Waterside House, Waterside Drive, Wigan, Lancashire, WN3 5AZ
SPECIALIST LEISURE GROUP LIMITED
C/O ERNST & YOUNG LLP, 2 ST PETERS SQUARE, MANCHESTER, WN3 5AZ
WA SHEARINGS GROUP EMPLOYEE BENEFIT TRUST LIMITED
Waterside House, Waterside Drive, Wigan, Lancashire, WN3 5AZ
PILOTDOME LIMITED
ECKERSLEY MILL, SWAN MEADOW ROAD, WIGAN, WN3 5AZ
Document Filings
Final Gazette dissolved following liquidation
Notice of move from Administration to Dissolution
Administrator's progress report
Administrator's progress report
Notice of extension of period of Administration
Administrator's progress report
Administrator's progress report
Notice of extension of period of Administration
Termination of appointment of Christopher Brown as a director on 22 July 2020
Administrator's progress report
Termination of appointment of Richard James Calvert as a director on 29 May 2020
Termination of appointment of Paul David Smith as a director on 17 July 2020
Notice of deemed approval of proposals
Statement of affairs with form AM02SOA
Statement of administrator's proposal
Termination of appointment of a G Secretarial Limited as a secretary on 22 May 2020
Registered office address changed from Waterside House Waterside Drive Wigan Lancashire WN3 5AZ United Kingdom to C/O Ernst & Young Llp 2 st. Peters Square Manchester M2 3EY on 10 June 2020
Appointment of an administrator
Confirmation statement made on 21 March 2020 with updates
Confirmation statement made on 21 March 2019 with updates
Termination of appointment of Gary Speakman as a director on 31 December 2018
Appointment of Paul David Smith as a director on 1 October 2018
Termination of appointment of Vincent Flower as a director on 1 October 2018
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