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Cornwall Fishermen (1988) Auctions Limited

02383890

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

48 THE STRAND, PENZANCE, TR18 5HW
Incorporated 15/05/1989

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 29/01/2026

Due 12/02/2027

On track

Industry

03110
Marine fishing

Officers

Mr Kenneth Mark Downing

director · Since 15/05/1991

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 82

Also on 4 other boards

Persons with Significant Control

Mr Kenneth Mark Downing

25–50% shares

British · England · Age 82

48, The Strand, Penzance, TR18 5HW

Notified 06/04/2016

Former PSCs

Annette Downing

Ceased 03/06/2017

CompanyRankvs 64+ SIC 03110 peers
78

Financial strength89th percentile among SIC peers · 22/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 3.27× · 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 strength22/25 pts

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

Employees6/15 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 31/03/2025

Net Worth

£612k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£300k

Working capital

Current Assets

£420k

Current Liabilities

£129k

Fixed Assets

£313k

1avg. employees

Balance Sheet

Assets less current liabilities£612k
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.27+£103k
20242.59+£30k
20231.94

Derived from filed accounts. Not audited figures.