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S.M.S. (Salcombe) Limited

04558962

active
Private Limited Company
england wales
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)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNITS 1 & 2 SUSSEX COURT, THIRSK, YO7 3TA
Incorporated 10/10/2002

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 24/06/2025

Due 08/07/2026

On track

Industry

47640
Retail sale of sports goods, fishing gear, camping goods, boats and bicycles
47990
Other retail sale not in stores, stalls or markets

Officers

Mr Jake Cronk

director · Since 30/10/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 34

Also on 1 other board

Mr Charles Richard Fawcett

director · Since 30/10/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 8 other boards

Persons with Significant Control

Twisted Marine Limited

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

Unit 1 & 2, Sussex Court, Thirsk, YO7 3TA

Reg: 12129314 · Companies House · Private Limited Company

Notified 30/10/2020

Scorpion Ribs Limited

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

Unit 1 & 2, Sussex Court, Thirsk, YO7 3TA

Reg: 12129314 · Companies House · Private Limited Company

Notified 30/10/2020

Former PSCs

Mr Leslie George Dingley

Ceased 28/11/2018

Mr Paul Victor Ahern

Ceased 30/10/2020

Mr Martin Dennis Lown

Ceased 30/10/2020

Mr Kevin William Jones

Ceased 30/10/2020

Charges1 outstanding

Charge
outstanding

WILSON-TWISTED INVESTMENT LP (AS SECURITY TRUSTEE)

Created 23/10/2024Registered 04/11/2024
Charge
satisfied

CLOSE BROTHERS LIMITED

Created 16/02/2022Registered 18/02/2022Satisfied 15/10/2024
Charge
satisfied

CLOSE BROTHERS LIMITED

Created 16/02/2022Registered 18/02/2022Satisfied 31/05/2023
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 27/11/2002Registered 05/12/2002Satisfied 14/02/2022

CompanyRankvs 447+ SIC 47640 peers
68

Financial strength82th percentile among SIC peers · 21/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.5× · 12/20
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 strength21/25 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.

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 31/12/2024

Net Worth

£40k

Balance sheet strength

Cash

£74k

Cash in the bank

Net Current Assets

£387k

Working capital

Current Assets

£1.2M

Current Liabilities

£779k

Fixed Assets

£70k

Debtors

£396k

14avg. employees+4

Tax at Year End

Corp tax£7k

Balance Sheet

Intangible assets£6k
Assets less current liabilities£457k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20241.50-£16k
20231.04+£46k
20221.12-£81k
20211.30

Derived from filed accounts. Not audited figures.