Tall Ships Management Company Limited
06114016
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/05/2025
total exemption full
Next accounts due
28/02/2027
Confirmation statement
Last: 05/02/2026
Due 19/02/2027
Industry
Officers
Former
director · Resigned 19/01/2018
director · Resigned 31/05/2018
director · Resigned 31/05/2018
director · Resigned 10/08/2025
director · Resigned 05/06/2026
secretary · Resigned 05/06/2026
Change History
Active
Private Limited Company
TALL SHIPS
TENBY
CompanyRankvs 47433+ SIC 98000 peers43
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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
and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern
Key FinancialsYear ending 31/05/2025
Net Worth
-£191
Balance sheet strength
Cash
£797
Cash in the bank
Net Current Assets
-£191
Working capital
Current Assets
£1k
Current Liabilities
£2k
Debtors
£669
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 0.88 |
| 2025 | 0.88 |
| 2024 | 0.90 |
| 2023 | 3.45 |
Derived from filed accounts. Not audited figures.