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Deepsea Technologies Uk Limited

05432011

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

UNIT B1, TEBAY RETAIL PARK, BROMBOROUGH, CH62 3AB
Incorporated 21/04/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28990
Manufacture of other special-purpose machinery

Officers

Mr Arjun Mohan Ramchandani

director · Since 24/06/2022

DIRECTOR

AMERICAN · UNITED STATES · Age 73

Mr Sanjay Reddy

director · Since 27/10/2023

NON-EXECUTIVE CHAIRMAN

INDIAN · UNITED STATES · Age 60

Persons with Significant Control

Sr Konda Llc

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

7807, Fairview Street, Houston, 77041

Notified 24/06/2022

Former PSCs

Ameriforge Uk Ltd

Ceased 24/06/2022

Charges2 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 09/01/2024Registered 10/01/2024
Charge
satisfied

HSBC UK BANK PLC

Created 08/10/2019Registered 08/10/2019Satisfied 23/11/2022
charge
outstanding

HSBC BANK PLC

Created 05/04/2012Registered 12/04/2012
charge
satisfied

CLYDESDALE BANK PLC

Created 26/06/2009Registered 30/06/2009Satisfied 11/10/2012
charge
satisfied

FSE LOAN MANAGEMENT LIMITED

Created 03/11/2008Registered 11/11/2008Satisfied 20/08/2009
charge
satisfied

J.R. MCGARRITY (PROPERTIES) LIMITED

Created 08/03/2007Registered 09/03/2007Satisfied 20/08/2009
charge
satisfied

BARCLAYS BANK PLC

Created 25/07/2005Registered 30/07/2005Satisfied 20/08/2009

CompanyRankvs 769+ SIC 28990 peers
50

Financial strength22th percentile among SIC peers · 6/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 5.02× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength6/25 pts

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

Employees14/15 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d

Key FinancialsYear ending 31/12/2021

Turnover

£4.5M

Annual revenue

Net Worth

£3

Balance sheet strength

Cash

£996k

Cash in the bank

Profit Before Tax

-£1.2M

Bottom line earnings

Net Current Assets

£6.3M

Working capital

Current Assets

£7.9M

Current Liabilities

£1.6M

Fixed Assets

£599k

Debtors

£6.3M

Cost of Sales

£3.0M

Gross Profit

£1.6M

Admin Expenses

£2.3M

Operating Profit

-£1.3M

Profit After Tax

-£1.2M

38avg. employees

People Costs

Wages & salaries£1.4M
NI contributions£189k

Balance Sheet

Assets less current liabilities£6.9M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20215.02

Derived from filed accounts. Not audited figures.