Sailing Smack Trust Limited
03122318
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Previously known as
Compliance
Last accounts
31/10/2024
total exemption full
Next accounts due
31/07/2026
Confirmation statement
Last: 13/10/2025
Due 27/10/2026
Industry
Officers
director · Since 01/11/1995
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 88
Also on 2 other boards
Former
secretary · Resigned 28/05/1997
director · Resigned 02/06/1998
secretary · Resigned 02/06/1998
Persons with Significant Control
Mr Anthony Ronald Winter
British · United Kingdom · Age 88
Westcliff Old Court, Talland Bay, Looe, PL13 2JA
Notified 13/10/2016
Mr Paul Winter
British · England · Age 58
Hill Farm, Old Mill Road, Colchester, CO4 5NX
Notified 07/10/2024
Change History
Active
PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
THE WHITE HOUSE
THORPE-LE-SOKEN
CompanyRankvs 290+ SIC 85310 peers66
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
cost convention. The trustee considers that there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the charity to continue as a going concern. Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be m
Key FinancialsYear ending 31/10/2025
Net Worth
£183k
Balance sheet strength
Cash
£23k
Cash in the bank
Net Current Assets
£23k
Working capital
Current Assets
£27k
Current Liabilities
£4k
Fixed Assets
£160k
Debtors
£5k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 6.31 |
| 2024 | 0.67 |
Derived from filed accounts. Not audited figures.