# GARN TRANSPORT LIMITED (03078246)

> GARN TRANSPORT LIMITED is an active private limited company (company number 03078246) incorporated on 11 July 1995, registered in Spalding. Its registered activity is maintenance and repair of motor vehicles (SIC 45200). Latest small accounts cover the period ending 31 December 2025, showing net assets of £2.17m and cash of £875k, with 32 employees on average. Net assets rose 5% on the prior period (£2.06m).

- Status: Active
- Incorporated: 1995-07-11
- Registered office: Spalding, PE11 3UG
- SIC 45200: Maintenance and repair of motor vehicles
- SIC 49410: Freight transport by road
- SIC 52103: Operation of warehousing and storage facilities for land transport activities
- Next accounts due: 2027-09-30
- Confirmation statement due: 2027-07-25
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 7,203 comparable companies in Other (median £4,498, upper quartile £47k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-12-31 | £2.17m | £875k | £573k | £754k | — | — | 32 |
| 2024-12-31 | £2.06m | £987k | £326k | £724k | — | — | 31 |

current ratio 1.97; size band small.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £2,171,483 at 31 December 2025
- Current assets at least 1.5× creditors within one year: Current ratio 1.97
- Cash at bank of £50,000 or more: Cash £875,414
- Incorporated five or more years ago: Incorporated 11 July 1995

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Richard Alec Garn — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2016-04-06
- Mr David John Hipkin — owns 25–50% of shares; holds 25–50% of voting rights, since 2025-09-02

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/03078246
HTML: https://firmoscan.com/company/03078246-garn-transport-limited