Highwater Marine Ltd
05376230
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Mark Bray
British · England · Age 64
Demar House, 14 Church Road, Chichester, PO20 8PS
Notified 01/07/2016
CompanyRankvs 1075+ SIC 33150 peers30
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
future and that there are no material uncertainties that lead to significant doubt upon the company's ability to continue as a going concern. Thus the director has continued to adopt the going concern basis of accounting in preparing these financial statements. Debtors Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for b
Key FinancialsYear ending 31/03/2025
Net Worth
-£3k
Balance sheet strength
Cash
£2
Cash in the bank
Net Current Assets
-£3k
Working capital
Current Assets
£252
Current Liabilities
£4k
Debtors
£250
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.07 | +£7k |
| 2024 | — | -£578 |
| 2023 | — | +£745 |
| 2022 | — | +£2k |
| 2021 | — | -£346 |
| 2020 | 0.01 | -£91 |
| 2019 | 0.02 | — |
Derived from filed accounts. Not audited figures.