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Marine Boat Sales Limited

06170999

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

BOAT YARD, TOTNES, TQ9 5AL
Incorporated 20/03/2007

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 11/11/2025

Due 25/11/2026

On track

Industry

47990
Other retail sale not in stores, stalls or markets

Officers

Mr Matthew James Cusack

secretary · Since 20/03/2007

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 3 other boards

Emma Louise Cusack

director · Since 20/03/2007

DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Mr Matthew James Cusack

director · Since 20/03/2007

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 3 other boards

CompanyRankvs 12216+ SIC 47990 peers
54

Financial strength18th percentile among SIC peers · 5/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.88× · 6/20
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 strength5/25 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.

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

Key FinancialsYear ending 31/03/2026

Net Worth

-£2k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£12k

Working capital

Current Assets

£85k

Current Liabilities

£97k

Fixed Assets

£10k

Debtors

£22k

3avg. employees+1

Tax at Year End

VAT£2k

Director Loans

Company owes directors£77k

Balance Sheet

Assets less current liabilities-£2k
Signed by Mrs Emma Cusack Mr Mathew Cusack 27/08/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20260.88-£24k£44k
20251.23—£43k
20240.97—£61k
20231.08——

Derived from filed accounts. Not audited figures.