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Marine Equipment Trader Limited

05242823

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

10 VICTORIA ROAD SOUTH, SOUTHSEA, PO5 2DA
Incorporated 27/09/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

33170
Repair and maintenance of other transport equipment
47990
Other retail sale not in stores, stalls or markets

Officers

Mr Frederick William Laverton

director · Since 27/09/2004

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 69

Also on 2 other boards

Maria Ruth Laverton

secretary · Since 26/01/2006

BRITISH · Age 70

Also on 1 other board

Persons with Significant Control

Mr Frederick William Laverton

50–75% shares

British · England · Age 69

10, Victoria Road South, Southsea, PO5 2DA

Notified 27/09/2016

Charges1 outstanding

charge
outstanding

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 21/05/2007Registered 25/05/2007

CompanyRankvs 2010+ SIC 33170 peers
32

Financial strength7th percentile among SIC peers · 2/25
Employees51th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.2× · 2/20
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 strength2/25 pts

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

Employees8/15 pts

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

Liquidity2/20 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 31/03/2025

Net Worth

-£21k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£35k

Working capital

Current Assets

£9k

Current Liabilities

£44k

Fixed Assets

£51k

2avg. employees+1

Tax at Year End(2022)

Corp tax£1k

Balance Sheet

Assets less current liabilities£16k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.20-£9k
20240.62+£6k
20230.56
20220.49
20210.55

Derived from filed accounts. Not audited figures.