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Gulfmark North Sea Limited

02625893

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

C/O HUNTERS LAW LLP 9 NEW SQUARE, LONDON, WC2A 3QN
Incorporated 26/06/1991

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 25/06/2025

Due 09/07/2026

On track

Industry

50200
Sea and coastal freight water transport

Officers

Ewan Mcintosh Geddes

secretary · Since 31/12/2007

British

Hunters Co Sec Ltd

corporate secretary · Since 18/07/2008

Quintin Venable Kneen

director · Since 22/12/2009

American

Ewan Mcintosh Geddes

director · Since 31/12/2007

British

Steven Ronald Wilson

director · Since 08/07/2015

British

Former

Carla Suzanne Mashinski

secretary · Resigned 18/07/2008

Kevin Dale Mitchell

secretary · Resigned 14/05/2004

Riverside Securities Limited

corporate secretary · Resigned 31/12/2007

David Joseph Butters

director · Resigned 06/09/2006

David William Dare

director · Resigned 30/12/2007

Edward Austin Guthrie

director · Resigned 22/12/2009

Perry Kennedy

director · Resigned 08/07/2015

Aase Marie Larsen Maccoll

director · Resigned 19/09/2005

Frank Richard Pierce

director · Resigned 08/04/1999

Bruce Allen Streeter

director · Resigned 04/06/2013

David Alan Wilson

director · Resigned 12/01/2016

CompanyRankvs 460+ SIC 50200 peers
77

Financial strength100th percentile among SIC peers · 25/25
Employees79th percentile among SIC peers · 12/15
LiquidityCurrent ratio 9.47× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -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.

Employees12/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the 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 going co

Key FinancialsYear ending 31/12/2024

Net Worth

£126.7M

Balance sheet strength

Cash

Cash in the bank

Profit Before Tax

-£16k

Bottom line earnings

Net Current Assets

£999k

Working capital

Current Assets

£1.1M

Current Liabilities

£118k

Fixed Assets

£125.7M

Debtors

£1.1M

Admin Expenses

£16k

Operating Profit

-£16k

Profit After Tax

-£16k

3avg. employees

Balance Sheet

Assets less current liabilities£126.7M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20249.47-£16k
202310.95

Derived from filed accounts. Not audited figures.