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Mike'S Boatyard Limited

01096326

active
Private Limited Company
england wales
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

17-18 HIGH STREET, ESSEX, SS9 2EN
Incorporated 15/02/1973

Compliance

Last accounts

28/02/2025

total exemption full

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 24/10/2025

Due 07/11/2026

On track

Industry

30120
Building of pleasure and sporting boats

Officers

Jonathan David Sedgwick

director · Since 01/05/2005

DIRECTOR

BRITISH · Age 50

Persons with Significant Control

Mr Jonathan David Sedgwick

25–50% shares
25–50% votes

British · United Kingdom · Age 50

74 Sandringham Road, Southend-On-Sea, SS1 2UG

Notified 06/04/2016

Mr Colin Adrian Sedgwick Mbe

25–50% shares
25–50% votes

British · United Kingdom · Age 83

504 Woodgrange Drive, Thorpe Bay, SS1 3EH

Notified 06/04/2016

Former PSCs

Mr Colin Adrian Sedgwick

Ceased 02/06/2024

Charges3 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 22/11/2012Registered 07/12/2012
charge
outstanding

BARCLAYS BANK PLC

Created 12/06/1990Registered 20/06/1990
charge
outstanding

BARCLAYS BANK PLC

Created 22/06/1977Registered 29/06/1977

CompanyRankvs 10+ SIC 30120 peers
77

Financial strength91th percentile among SIC peers · 23/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.44× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 28/02/2025

Net Worth

£411k

Balance sheet strength

Cash

£45k

Cash in the bank

Net Current Assets

£298k

Working capital

Current Assets

£505k

Current Liabilities

£207k

Fixed Assets

£218k

Debtors

£375k

9avg. employees+2

Balance Sheet

Bank loans & overdrafts£14k
Assets less current liabilities£515k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.44+£48k
20243.48+£64k
20232.54-£39k
20223.83-£34k
20212.55-£7k
20202.02+£34k
20193.54-£94k
20174.96

Derived from filed accounts. Not audited figures.