Back to search

Down The Line Surf Company Limited

04411152

active
Private Limited Company
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

MARKET SQUARE ARCADE, HAYLE, TR27 4EA
Incorporated 08/04/2002

Compliance

Last accounts

31/01/2025

total exemption full

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 08/04/2026

Due 22/04/2027

On track

Industry

47789
Other retail sale of new goods in specialised stores

Officers

Addition Corporate Services Limited

secretary · Since 01/06/2020

Also on 11 other boards

Mr Michael Barry Adams

director · Since 01/06/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 19 other boards

Persons with Significant Control

The Addition Group Limited

75–100% shares
75–100% votes

The Regent, Chapel Street, Penzance, TR18 4AE

Reg: 10461469 · England & Wales · Limited Company

Notified 01/06/2020

Mr Michael Adams

Appoint directors

British · United Kingdom · Age 57

The Regent, Chapel Street, Penzance, TR18 4AE

Notified 01/06/2020

Former PSCs

Mr Trevor Clayton

Ceased 01/06/2020

Mrs Victoria Frances Clayton

Ceased 01/06/2020

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 11/12/2025Registered 16/12/2025
Charge
satisfied

BARCLAYS BANK PLC

Created 15/10/2015Registered 16/10/2015Satisfied 12/12/2024

CompanyRankvs 1389+ SIC 47789 peers
66

Financial strength81th percentile among SIC peers · 20/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.31× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength20/25 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.

Liquidity12/20 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 31/01/2025

Net Worth

£119k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

£196k

Working capital

Current Assets

£835k

Current Liabilities

£639k

Fixed Assets

£164k

Debtors

£106k

12avg. employees-4

Tax at Year End

Corp tax£69
VAT£110k

Director Loans

Company owes directors£9k

Balance Sheet

Intangible assets£2k
Assets less current liabilities£360k
Signed by Mr Michael Adams 29/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20251.31+£69k£2.2M
20241.47-£133k
20231.55-£303k
20221.64-£174k
20212.72-£326k£914k
20203.35£1.3M
20192.95

Derived from filed accounts. Not audited figures.