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Wills Marine Limited

03623899

active
Private Limited Company
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)
  • 1 outstanding charge (-2)

Details

THE QUAY, DEVON, TQ7 1JF
Incorporated 28/08/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47640
Retail sale of sports goods, fishing gear, camping goods, boats and bicycles

Officers

Mr Martin John Wills

secretary · Since 27/07/2007

WORKSHOP MANAGER

BRITISH · UNITED KINGDOM · Age 68

Also on 4 other boards

Mr Martin John Wills

director · Since 27/07/2007

WORKSHOP MANAGER

BRITISH · UNITED KINGDOM · Age 68

Also on 4 other boards

Mrs Joanne Wills

director · Since 17/09/2007

SECRETARIAL

BRITISH · UNITED KINGDOM · Age 59

Persons with Significant Control

Wills Marine Holdings Ltd

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

Little Highlands, Blachford Road, Ivybridge, PL21 0AD

Reg: 06300024 · Companies House · Ltd

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

WILLS MARINE HOLDINGS LIMITED

Created 19/09/2014Registered 04/10/2014
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 12/09/1999Registered 27/09/1999Satisfied 13/07/2007

CompanyRankvs 1040+ SIC 47640 peers
59

Financial strength97th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityNo balance sheet data · 0/20
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 strength24/25 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.

Liquidity0/20 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 31/10/2024

Net Worth

£447k

Balance sheet strength

Cash

£73k

Cash in the bank

Net Current Assets

Working capital

Current Assets

Current Liabilities

£1.6M

Fixed Assets

£199k

Debtors

£206k

13avg. employees+2

Tax at Year End(2023)

Corp tax£0
Prepared with Silverfin

EstimatesDerived

YearCurrent RatioImplied Profit
2024-£254k
2023+£10k
2022+£65k
20212.76+£270k
20202.06+£180k
20191.71+£48k
20181.56

Derived from filed accounts. Not audited figures.