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Neptune Sonar Limited

02525414

active
Private Limited Company
england wales
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)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

7TH FLOOR, LONDON, SE1 2AQ
Incorporated 25/07/1990

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 25/07/2025

Due 08/08/2026

On track

Industry

74909
Other professional, scientific and technical activities

Officers

Dr Neil Peter Dearing

director · Since 01/03/2015

MANUFACTURER OF UNDERWATER SENSORS

BRITISH · UNITED KINGDOM · Age 46

Also on 1 other board

Mr Garry Scott

director · Since 14/12/2023

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 1 other board

Mr Khalil Maalouf

director · Since 09/12/2024

MANAGING DIRECTOR OF AN INVESTMENT FIRM

CANADIAN · CANADA · Age 56

Also on 2 other boards

Norose Company Secretarial Services Limited

secretary · Since 20/01/2025

Also on 196 other boards

Dr Samuel Parry

director · Since 21/07/2025

MATERIAL SCIENTIST

BRITISH · UNITED KINGDOM · Age 33

Also on 1 other board

Michael Read

director · Since 20/05/2026

BRITISH · UNITED STATES · Age 67

Also on 2 other boards

David Bradley

director · Since 20/05/2026

IRISH · UNITED KINGDOM · Age 63

Also on 1 other board

Persons with Significant Control

Neptune Sonar (Yorkshire) Limited

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

Kelk Lake, Kelk, Driffield, YO25 8HL

Reg: 7756057 · England & Wales · Limited Company

Notified 06/04/2016

Former PSCs

Mr Alexander Jon Wood

Ceased 09/12/2024

Charges1 outstanding

charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 12/02/2013Registered 15/02/2013Satisfied 29/03/2014
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 06/02/2013Registered 08/02/2013
charge
satisfied

BARCLAYS BANK PLC

Created 16/12/2005Registered 22/12/2005Satisfied 22/09/2010
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 29/06/2004Registered 06/07/2004Satisfied 21/02/2006

CompanyRankvs 42+ SIC 74909 peers
80

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 7.58× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees15/15 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.

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 30/09/2024

Net Worth

£3.5M

Balance sheet strength

Cash

£880k

Cash in the bank

Net Current Assets

£3.0M

Working capital

Current Assets

£3.5M

Current Liabilities

£457k

Fixed Assets

£25k

Debtors

£1.5M

39avg. employees-2

Tax at Year End(2020)

Dividends paid£505k

Balance Sheet

Assets less current liabilities£3.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20247.58+£327k
20237.36-£25k
20228.42+£10k
20218.84+£644k
20207.26+£256k
20194.03+£197k
20188.07

Derived from filed accounts. Not audited figures.