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West Country Wetsuits Ltd

01438037

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

PHILLIP HOUSE, PAIGNTON, TQ4 7QR
Incorporated 18/07/1979

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr David John Millin

director · Since 04/07/2003

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 73

Also on 5 other boards

Mrs Christine Rosine Millin

secretary · Since 25/02/2016

Mr James Blake Millin

director · Since 12/07/2021

AIRCRAFT ENGINEER

BRITISH · ENGLAND · Age 45

Also on 2 other boards

Persons with Significant Control

Sea And Sea (Holdings) Limited

75–100% shares
75–100% votes
Appoint directors

Philip House, Aspen Way, Paignton, TQ4 7QR

Reg: 04658088 · England And Wales · Private Company Limited By Shares

Notified 07/04/2016

Former PSCs

Mr David John Millin

Ceased 07/04/2016

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 07/01/1999Registered 13/01/1999
charge
satisfied

LLOYDS BANK PLC

Created 29/11/1996Registered 04/12/1996Satisfied 23/05/2001
charge
satisfied

LLOYDS BANK PLC

Created 29/10/1990Registered 05/11/1990Satisfied 22/02/1999
charge
satisfied

ARBUTHNOT LATHAM BANK LTD

Created 15/01/1988Registered 26/01/1988Satisfied 28/01/1999
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 08/04/1987Registered 29/04/1987
charge
satisfied

WILLIAMS & GLYN'S BANK LIMITED

Created 12/03/1981Registered 16/03/1981Satisfied 28/01/1999

CompanyRankvs 833430+ SIC 82990 peers
46

Financial strength94th percentile among SIC peers · 24/25
Employees15th percentile among SIC peers · 2/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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83343West Country Wetsuits Ltd
56
How is this score calculated?
Financial strength24/25 pts

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

Employees2/15 pts

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

Liquidity0/20 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 30/11/2024

Net Worth

£607k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£319k

Working capital

Current Assets

—

Current Liabilities

£215

Debtors

£319k

0avg. employees-1
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
2024—-£466
2023Infinity+£0
2022Infinity+£0
2021Infinity+£0
2020Infinity—

Derived from filed accounts. Not audited figures.