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Ship Shape Resources Limited

05119257

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

JAMES WATSON HOUSE, ROSEHILL, CARLISLE, CA1 2UU
Incorporated 05/05/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Wayne Daniel Mcdonnell

director · Since 03/05/2012

FINANCE DIRECTOR

AUSTRALIAN · UNITED KINGDOM · Age 54

Also on 3 other boards

Mr Howard Hughes

director · Since 06/06/2023

DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 2 other boards

Persons with Significant Control

Praed Holdings Limited

75–100% shares
75–100% votes

12, London Mews, London, W2 1HY

Reg: 10550710 · Registrar Of Companies For England And Wales · Private Limited Company

Notified 23/08/2017

Former PSCs

Stm Life Assurance Pcc Plc

Ceased 23/08/2017

CompanyRankvs 15+ SIC 82990 peers
32

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.15× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 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

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

or - the directors have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the company's ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue. Other information The directors are responsible for the other inform

Key FinancialsYear ending 31/05/2020

Turnover

£66.6M

Annual revenue

Net Worth

£977

Balance sheet strength

Cash

£3.0M

Cash in the bank

Profit Before Tax

£144k

Bottom line earnings

Net Current Assets

£717k

Working capital

Current Assets

£5.5M

Current Liabilities

£4.7M

Debtors

£2.5M

Cost of Sales

£65.8M

Gross Profit

£809k

Admin Expenses

£410k

Operating Profit

£141k

Profit After Tax

£113k

969avg. employees-209

Tax at Year End

Corp tax-£41k
Dividends paid£1.5M

People Costs

Wages & salaries£259k

Balance Sheet

Assets less current liabilities£717k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20201.15
20191.16

Derived from filed accounts. Not audited figures.