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Faversham Ships Ltd.

02926546

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

5 FERRY ROAD, EAST COWES, PO32 6RA
Incorporated 06/05/1994

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

50200
Sea and coastal freight water transport

Officers

Christopher Mark Cook

secretary · Since 01/05/1998

British

Christopher Mark Cook

director · Since 06/05/1994

British

Nicholas Adrian Conway Sice

director · Since 01/01/1998

British

Former

Angela Parter

secretary · Resigned 01/05/1998

Swift Incorporations Limited

corporate nominee secretary · Resigned 06/05/1994

Richard John Habgood

director · Resigned 03/01/1997

CompanyRankvs 150+ SIC 50200 peers
89

Financial strength99th percentile among SIC peers · 25/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.57× · 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 strength25/25 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.

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 31/12/2024

Net Worth

£10.6M

Balance sheet strength

Cash

£960k

Cash in the bank

Net Current Assets

£2.1M

Working capital

Current Assets

£3.4M

Current Liabilities

£1.3M

Fixed Assets

£13.9M

Debtors

£2.5M

Profit After Tax

£1.2M

10avg. employees

Tax at Year End

Corp tax£124k
Dividends paid£350k

Balance Sheet

Assets less current liabilities£16.0M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20242.57+£1.2M
20233.46+£6.4M
20170.59

Derived from filed accounts. Not audited figures.