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First Class Sailing Limited

05644163

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Current liabilities exceed current assets (-10)
  • 5 outstanding charges (-10)

Details

UNIT 3 & 4 BUILDING 15 SHAMROCK QUAY, SOUTHAMPTON, SO14 5QL
Incorporated 05/12/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

93290
Other amusement and recreation activities

Officers

Mr Charles Munro Tulloch

director · Since 05/12/2005

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 4 other boards

Persons with Significant Control

Mr Charles Munro Tulloch

75–100% shares

British · England · Age 52

Unit 3 & 4, Building 15 Shamrock Quay, Southampton, SO14 5QL

Notified 06/04/2016

Charges5 outstanding

Charge
satisfied

THE CO-OPERATIVE BANK PLC

Created 04/06/2020Registered 11/06/2020Satisfied 14/07/2025
Charge
outstanding

SGB FINANCE S.A

Created 11/03/2019Registered 15/03/2019
Charge
outstanding

SGB FINANCE S.A

Created 22/02/2019Registered 22/02/2019
Charge
outstanding

SGB FINANCE S.A

Created 15/01/2019Registered 29/01/2019
Charge
outstanding

SGB FINANCE S.A

Created 15/01/2019Registered 29/01/2019
Charge
satisfied

SGB FINANCE

Created 19/08/2014Registered 20/08/2014Satisfied 17/01/2019
Charge
satisfied

SGB FINANCE

Created 19/08/2014Registered 20/08/2014Satisfied 17/01/2019
Charge
satisfied

SGB FINANCE

Created 17/01/2014Registered 04/02/2014Satisfied 10/10/2018
Charge
satisfied

SGB FINANCE

Created 17/01/2014Registered 04/02/2014Satisfied 10/10/2018
charge
outstanding

MARINA DEVELOPMENTS LIMITED

Created 13/09/2010Registered 15/09/2010
charge
satisfied

LOMBARD NORTH CENTRAL PLC

Created 06/01/2010Registered 09/01/2010Satisfied 10/10/2018
charge
satisfied

LOMBARD NORTH CENTRAL PLC

Created 06/01/2010Registered 09/01/2010Satisfied 10/10/2018
charge
satisfied

MARINA DEVELOPMENTS LIMITED

Created 02/11/2007Registered 09/11/2007Satisfied 10/10/2018
charge
satisfied

LOMBARD NORTH CENTRAL PLC

Created 20/03/2007Registered 04/04/2007Satisfied 10/10/2018
charge
satisfied

LOMBARD NORTH CENTRAL PLC

Created 04/05/2006Registered 09/05/2006Satisfied 10/10/2018

CompanyRankvs 3116+ SIC 93290 peers
60

Financial strength82th percentile among SIC peers · 21/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.9× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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3116First Class Sailing Limited
66
How is this score calculated?
Financial strength21/25 pts

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

Employees13/15 pts

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

Liquidity6/20 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 31/12/2025

Net Worth

£62k

Balance sheet strength

Cash

£91k

Cash in the bank

Net Current Assets

-£45k

Working capital

Current Assets

£390k

Current Liabilities

£435k

Fixed Assets

£143k

Debtors

£288k

6avg. employees

Balance Sheet

Assets less current liabilities£98k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.90+£0
20250.90-£13k
20240.64-£158k
20231.16+£23k
20220.97+£38k
20220.98+£123k
20210.67-£28k
20200.98+£7k
20190.94—

Derived from filed accounts. Not audited figures.