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Patch Bridge Moorings Limited

04418658

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

39 CROWBOROUGH DRIVE, WORTHING, BN12 4UQ
Incorporated 17/04/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

77341
77341

Officers

Mrs Dorothy Joyce Wattam

secretary · Since 17/04/2002

MANAGER

BRITISH · UNITED KINGDOM · Age 87

Also on 7 other boards

Mr Michael Colin Wattam

director · Since 17/04/2002

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 5 other boards

Mrs Lesley Teresa Drew

director · Since 28/09/2017

DIRECTOR

BRITISH · ENGLAND · Age 71

Also on 2 other boards

Persons with Significant Control

Mr Colin Charles Wattam

Significant control

British · England · Age 86

39, Mulberry Lane, Worthing, BN12 4QU

Notified 06/04/2016

CompanyRankvs 32+ SIC 77341 peers
76

Financial strength75th percentile among SIC peers · 19/25
Employees47th percentile among SIC peers · 7/15
LiquidityCurrent ratio 4.81× · 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 strength19/25 pts

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

Employees7/15 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 31/07/2025

Net Worth

£23k

Balance sheet strength

Cash

£23k

Cash in the bank

Net Current Assets

£23k

Working capital

Current Assets

£29k

Current Liabilities

£6k

Debtors

£6k

1avg. employees

Tax at Year End

Corp tax£3k

Director Loans

Company owes directors£2k

Balance Sheet

Assets less current liabilities£23k
Signed by Mr Michael Wattam 18/03/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20254.81+£13k
20241.72+£4k
20231.20+£22k
20220.56-£390
20210.66+£12k
20200.49-£88k
20190.15+£72k
20180.35

Derived from filed accounts. Not audited figures.