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The Special Boat Service Limited

07010542

active
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
41 / 100

Notable Risks

25/30
Filing
0/30
Financial
16/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Active insolvency proceedings (-20)
  • 2 outstanding charges (-4)

Details

6 MITCHELL POINT, ENSIGN WAY, SOUTHAMPTON, SO31 4RF
Incorporated 07/09/2009

Compliance

Last accounts

30/11/2024

total exemption full

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 07/09/2025

Due 21/09/2026

On track

Industry

30120
Building of pleasure and sporting boats
47640
Retail sale of sports goods, fishing gear, camping goods, boats and bicycles

Officers

Mr Stephen Raymond Bruce

director · Since 07/09/2009

YACHT BROKER

BRITISH · UNITED KINGDOM · Age 57

Persons with Significant Control

Mr Stephen Raymond Bruce

75–100% shares

British · United Kingdom · Age 57

14, Walker Place, Southampton, SO31 4BL

Notified 07/09/2016

Charges2 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 14/07/2023Registered 14/07/2023
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 19/03/2021Registered 29/03/2021

Insolvency History1 case

creditors voluntary liquidation28/04/2026

Gareth Howarth (practitioner) · Philip Lawrence (practitioner)

CompanyRankvs 337+ SIC 30120 peers
30

Financial strength7th percentile among SIC peers · 2/25
Employees79th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.77× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength2/25 pts

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

Employees12/15 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 30/11/2024

Net Worth

-£74k

Balance sheet strength

Cash

£12k

Cash in the bank

Net Current Assets

-£87k

Working capital

Current Assets

£298k

Current Liabilities

£385k

Fixed Assets

£20k

Debtors

£279k

3avg. employees+1

Balance Sheet

Assets less current liabilities-£67k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.77-£310k
20231.47

Derived from filed accounts. Not audited figures.