Cockwells Modern And Classic Boat Building Limited
05674848
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/12/2024
small
Next accounts due
30/09/2026
Confirmation statement
Last: 13/01/2026
Due 27/01/2027
Industry
Officers
director · Since 13/01/2006
DIRECTOR
BRITISH · UNITED KINGDOM · Age 54
Also on 1 other board
director · Since 05/09/2024
DIRECTOR
BRITISH · ENGLAND · Age 64
Also on 1 other board
director · Since 05/09/2024
DIRECTOR
BRITISH · ENGLAND · Age 59
Also on 3 other boards
director · Since 05/09/2024
NAVAL ARCHITECT
BRITISH · ENGLAND · Age 48
Also on 6 other boards
Persons with Significant Control
Pendennis Shipyard Limited
The Docks, The Docks, Falmouth, TR11 4NR
Reg: 02990094 · Companies House · Private Company Limited By Shares
Notified 05/09/2024
Former PSCs
Mr David Charles Cockwell
Ceased 05/09/2024
Charges2 outstanding
THE CORNWALL COUNCIL
THE CORNWALL COUNCIL
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CompanyRankvs 326+ SIC 30120 peers31
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
figures within these financial statements have not been audited. In their report, the auditor's also emphasised the following matter without qualifying their report: Material uncertainty related to going concern We draw attention to note 2.2 in the financial statements, which indicates that the Company is reliant on Group support and, whilst a letter of support has been received, no formal deed
Key FinancialsYear ending 31/12/2024
Net Worth
-£3.9M
Balance sheet strength
Cash
£8k
Cash in the bank
Net Current Assets
-£3.4M
Working capital
Current Assets
£4.2M
Current Liabilities
£7.6M
Fixed Assets
£2.5M
Debtors
£3.6M
Profit After Tax
-£2.4M
Director Loans(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.55 | -£2.5M |
| 2023 | — | -£2.3M |
| 2022 | — | +£53k |
| 2021 | — | -£34k |
| 2020 | — | +£746k |
| 2019 | — | -£602k |
| 2018 | 0.55 | — |
Derived from filed accounts. Not audited figures.