Back to search

Yachting Sports (U.K.) Limited

02475833

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

UNIT 1A OLD FITTING OUT SHOP, SOUTHAMPTON, SO31 4NB
Incorporated 01/03/1990

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

93199
Other amusement and recreation activities

Officers

Mr James Morland

director · Since 09/08/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 40

Persons with Significant Control

Mr James Morland

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

British · United Kingdom · Age 40

Unit 1a Old Fitting Out Shop, Spearfish Road, Southampton, SO31 4NB

Notified 09/08/2024

Former PSCs

Mr Derek John Morland

Ceased 09/08/2024

Charges1 outstanding

charge
outstanding

LLOYDS BANK PLC

Created 29/01/1996Registered 01/02/1996

CompanyRankvs 9441+ SIC 93199 peers
42

Financial strength8th percentile among SIC peers · 2/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.72× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength2/25 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.

Liquidity6/20 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 31/03/2025

Net Worth

-£30k

Balance sheet strength

Cash

£20k

Cash in the bank

Net Current Assets

-£37k

Working capital

Current Assets

£94k

Current Liabilities

£131k

Fixed Assets

£9k

Debtors

£71k

6avg. employees

Tax at Year End

VAT£18k

Director Loans

Company owes directors£71k

Balance Sheet

Assets less current liabilities-£28k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.72£360k
20240.47
20230.38-£13k
20220.49-£36k
20210.60-£45k
20200.94-£4k
20190.99£642k
20170.98£180k

Derived from filed accounts. Not audited figures.