{"name":"GARNETTS LIMITED","company_number":"03865917","status":"Active","type":"Private Limited Company","incorporated":"1999-10-26","dissolved":null,"registered_office":"Unit E1, Roman Way Industrial Estate, Tindale Crescent,Bishop Auckland, County Durham, DL14 9AW","postcode":"DL14 9AW","sic_codes":[{"code":49390,"description":"Other passenger land transport"}],"principal_activity":null,"previous_names":[],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"30 November","last_made_up_to":"2025-11-30","next_due":"2027-08-31"},"employees":{"count":54,"accounts_date":"2025-11-30"},"financials":[{"financial_date":"2025-11-30","net_assets":1985385,"cash":32780,"average_employees":54},{"financial_date":"2024-11-30","net_assets":1878349,"cash":196415,"average_employees":52},{"financial_date":"2023-11-30","net_assets":1645419,"cash":140985,"average_employees":48},{"financial_date":"2022-11-30","net_assets":1526724,"cash":131943},{"financial_date":"2021-11-30","net_assets":1451045,"cash":154302}],"officers":{"current":6,"resigned":4,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":3,"outstanding":3},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"Garnetts Limited is a conservatively financed, family-owned North East passenger transport operator that outperforms typical SME coach-sector peers on solvency, asset ownership and fleet reinvestment, growing net assets to £2.0m through a decade of unbroken retained profitability including the pandemic period. Its principal watch items are the cash buffer's fall to £33k and thin working capital of £45k following a £606k capex year, alongside reliance on inflation-squeezed local authority contract income and a £474k deferred tax overhang. Overall, it holds a strong niche-incumbent position in a fragmented market where most rivals carry heavier gearing, lease their premises and have deferred fleet renewal.","website":null,"links":{"page":"https://www.companiesintheuk.co.uk/ltd/garnetts","people":"https://www.companiesintheuk.co.uk/company/garnetts/people","filing_history":"https://www.companiesintheuk.co.uk/company/garnetts/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/03865917","financials":"https://www.companiesintheuk.co.uk/company/garnetts/financial","control":"https://www.companiesintheuk.co.uk/company/garnetts/control","charges":"https://www.companiesintheuk.co.uk/company/garnetts/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/garnetts/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/garnetts"}