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Gulfstream Surfboard Limited

05463124

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

LOWER LITCHARDON FARM, BARNSTAPLE, EX31 3QE
Incorporated 25/05/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32300
Manufacture of sports goods

Officers

Mr Julian Nigel Matthews

director · Since 25/05/2005

SURFBOARD MANUFACTURER

BRITISH · UNITED KINGDOM · Age 58

Persons with Significant Control

Mr Julian Nigel Matthews

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

British · United Kingdom · Age 58

12, South Street, Woolacombe, EX34 7BB

Notified 06/04/2016

Mr Julian Nigel Matthews

75–100% shares

British · United Kingdom · Age 58

12, South Street, Woolacombe, EX34 7BB

Notified 23/07/2016

CompanyRankvs 525+ SIC 32300 peers
50

Financial strength45th percentile among SIC peers · 11/25
Employees49th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.1× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength11/25 pts

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

Employees7/15 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.

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

Key FinancialsYear ending 31/10/2024

Net Worth

£97

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£13k

Working capital

Current Assets

£1k

Current Liabilities

£14k

Fixed Assets

£14k

1avg. employees-2

Balance Sheet

Assets less current liabilities£872
Signed by 05463124 2023-11-01 2024-10-31 05463124 2024-10-31 05463124 bus: 1 1 2024-10-31 05463124 core:CurrentFinancialInstrumentPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.10
20230.95-£22k
20222.78+£2k
20212.48

Derived from filed accounts. Not audited figures.