Back to search

Scotline Limited

01694905

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

75 MAIN ROAD, ROMFORD, RM2 5EL
Incorporated 27/01/1983

Compliance

Last accounts

31/03/2025

group

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 25/03/2026

Due 08/04/2027

On track

Industry

50200
Sea and coastal freight water transport

Officers

Mr Peter Thomas Millatt

director · Since 25/03/1991

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 77

Also on 45 other boards

Mr Peter Thomas Millatt

secretary · Since 29/01/1993

ALREADY

BRITISH · ENGLAND · Age 77

Also on 45 other boards

Mr Jonathan James Millatt

director · Since 27/04/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Also on 16 other boards

Mr Robert William Millatt

director · Since 27/04/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Also on 11 other boards

Mrs Bremini Sudarshan

director · Since 01/07/2025

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 7 other boards

Persons with Significant Control

Mr Peter Thomas Millatt

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

British · United Kingdom · Age 77

75 Main Road, Romford, RM2 5EL

Notified 07/04/2025

Former PSCs

Mr Peter Thomas Millatt

Ceased 14/12/2020

Mrs Barbara Janet Millatt

Ceased 07/04/2025

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 10/03/2015Registered 13/03/2015
charge
satisfied

SVENSKA HANDELSBANKEN AB (PUBL)

Created 28/01/2011Registered 09/02/2011Satisfied 08/06/2016
charge
satisfied

LLOYDS BOWMAKER LIMITED

Created 21/06/1999Registered 22/06/1999Satisfied 04/02/2011
charge
satisfied

LLOYDS BOWMAKER LIMITED

Created 07/12/1998Registered 08/12/1998Satisfied 06/12/2004
charge
satisfied

LLOYDS BOWMAKER LIMITED

Created 18/09/1996Registered 20/09/1996Satisfied 08/03/2003
charge
satisfied

LLOYDS BANK PLC

Created 26/01/1995Registered 30/01/1995Satisfied 04/02/2011
charge
satisfied

LLOYDS BANK PLC

Created 14/02/1994Registered 04/03/1994Satisfied 08/03/2003

CompanyRankvs 310+ SIC 50200 peers
58

Financial strength99th percentile among SIC peers · 25/25
Employees48th percentile among SIC peers · 7/15
LiquidityCurrent ratio 1.86× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
1Borchard Lines Limited
90
2Holyhead Towing Company Limited
90
3Nrs Ocean Logistics Ltd.
90
4Metro Shipping Limited
90
5Spedition Services Limited
90
6Osprey Maritime Limited
90
7Bibby Maritime Limited
89
8Maltacourt Limited
89
9Seaport Freight Services Limited
89
10Norbulk Shipping U.K. Limited
89
310Scotline Limited
74
How is this score calculated?
Financial strength25/25 pts

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

Employees7/15 pts

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

Liquidity16/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/03/2025

Net Worth

£14.1M

Balance sheet strength

Cash

£3.5M

Cash in the bank

Profit Before Tax

£537k

Bottom line earnings

Net Current Assets

£6.2M

Working capital

Current Assets

£13.5M

Current Liabilities

£7.2M

Fixed Assets

£4.6M

Debtors

£10.0M

Cost of Sales

£57.0M

Admin Expenses

£4.6M

Profit After Tax

£105k

1avg. employees-37

Tax at Year End

Corp tax£0

People Costs

Wages & salaries£2.6M

Balance Sheet

Assets less current liabilities£9.9M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.86+£3.3M
20241.75—

Derived from filed accounts. Not audited figures.