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West Solent Boat Builders Limited

03853824

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

THE BOATYARD, LYMINGTON, SO41 0TR
Incorporated 06/10/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

30120
Building of pleasure and sporting boats
96090
Other personal service activities

Officers

Mr Richard Kenneth Attwell

secretary · Since 07/04/2016

Also on 1 other board

Mr Kenneth Walter Attwell

director · Since 07/04/2016

MARINE MECHANIC

BRITISH · ENGLAND · Age 70

Mr Richard Kenneth Attwell

director · Since 07/04/2016

MARINE ENGINEER

BRITISH · ENGLAND · Age 41

Also on 1 other board

Persons with Significant Control

Mr Richard Kenneth Attwell

75–100% shares

British · England · Age 41

The Boatyard, Keyhaven, Lymington, SO41 0TR

Notified 06/04/2016

Mr Kenneth Walter Attwell

25–50% shares
25–50% votes

British · England · Age 70

The Boatyard, Lymington, SO41 0TR

Notified 07/10/2024

Charges0 outstanding

charge
satisfied

HSBC BANK PLC

Created 01/02/2000Registered 04/02/2000Satisfied 16/08/2019

CompanyRankvs 22+ SIC 30120 peers
85

Financial strength88th percentile among SIC peers · 22/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 3.35× · 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 strength22/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees13/15 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 31/10/2024

Net Worth

£238k

Balance sheet strength

Cash

£285k

Cash in the bank

Net Current Assets

£219k

Working capital

Current Assets

£313k

Current Liabilities

£93k

Fixed Assets

£33k

Debtors

£18k

5avg. employees

Tax at Year End

Corp tax£13k

Director Loans

Company owes directors£26k

Balance Sheet

Assets less current liabilities£253k
Signed by Mr Richard Attwell 30th July 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20243.35+£20k
20233.32+£24k
20223.07+£15k
20212.49

Derived from filed accounts. Not audited figures.