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P. Madog Offshore Services Ltd

03984480

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

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

No risk factors detected.

Details

UNIT 33 NORTH TYNE INDUSTRIAL ESTATE, NEWCASTLE UPON TYNE, NE12 9SZ
Incorporated 02/05/2000

Compliance

Last accounts

31/12/2024

unaudited abridged

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 08/05/2025

Due 22/05/2026

On track

Industry

50200
Sea and coastal freight water transport
77341
77341

CompanyRankvs 5600+ SIC 50200 peers
73

Financial strength94th percentile among SIC peers · 24/25
Employees23th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.96× · 16/20
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 strength24/25 pts

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

Employees3/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 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

£1.5M

Balance sheet strength

Cash

£291k

Cash in the bank

Net Current Assets

£340k

Working capital

Current Assets

£694k

Current Liabilities

£354k

Fixed Assets

£1.5M

Debtors

£387k

0avg. employees

Balance Sheet

Assets less current liabilities£1.9M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20241.96-£68k
20223.52

Derived from filed accounts. Not audited figures.