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Mike'S Boatyard Limited

01096326

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

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

CompanyRankvs 100+ SIC 30120 peers
87

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
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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.

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-£140k
20174.96

Derived from filed accounts. Not audited figures.