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Devon Baits Limited

07006955

active
Private Limited Company
england wales
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

2 HIGHER MARSH ROW, EXETER, EX6 8EB
Incorporated 02/09/2009

Compliance

Last accounts

30/09/2024

micro entity

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 02/09/2025

Due 16/09/2026

On track

Industry

03120
Freshwater fishing

Officers

Mr Martin Cocks

director · Since 02/09/2009

DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 3 other boards

Mr Simon Anthony Mccabe

director · Since 02/09/2009

SALES MANAGER

BRITISH · ENGLAND · Age 56

Persons with Significant Control

Mr Martin Cocks

25–50% shares

British · England · Age 54

2, Higher Marsh Row, Exeter, EX6 8EB

Notified 06/04/2016

Mr Simon Anthony Mccabe

25–50% shares

British · England · Age 56

2, Higher Marsh Row, Exeter, EX6 8EB

Notified 06/04/2016

CompanyRankvs 24+ SIC 03120 peers
81

Financial strength82th percentile among SIC peers · 21/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 4.55× · 20/20
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 strength21/25 pts

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

Employees10/15 pts

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

Liquidity20/20 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 30/09/2024

Net Worth

£83k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£100k

Working capital

Current Assets

£128k

Current Liabilities

£28k

Fixed Assets

£4k

2avg. employees

Balance Sheet

Assets less current liabilities£104k
Signed by Mr Simon McCabe 09/05/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20244.55+£27k
20234.18+£18k
20223.89-£3k
202110.63+£8k
202016.65+£22k
20191.11-£12k
20181.27

Derived from filed accounts. Not audited figures.