Marine Law Solicitors Limited
07077844
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/03/2025
unaudited abridged
Next accounts due
31/12/2026
Confirmation statement
Last: 14/11/2025
Due 28/11/2026
Industry
Officers
Persons with Significant Control
Mr Barry Young
British · United Kingdom · Age 66
32 Brenkley Way, Blezard Business Park, Newcastle Upon Tyne, NE13 6DS
Notified 06/04/2016
Mr Joseph David Crewdson
British · United Kingdom · Age 44
32 Brenkley Way, Blezard Business Park, Newcastle Upon Tyne, NE13 6DS
Notified 06/04/2016
CompanyRankvs 593+ SIC 69102 peers71
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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 not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going
Key FinancialsYear ending 31/03/2025
Net Worth
£447k
Balance sheet strength
Cash
£33k
Cash in the bank
Net Current Assets
£445k
Working capital
Current Assets
£543k
Current Liabilities
£98k
Fixed Assets
£2k
Debtors
£510k
Tax at Year End(2022)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 5.55 | -£27k |
| 2024 | 5.44 | -£75k |
| 2023 | 6.50 | +£100k |
| 2022 | 4.32 | +£61k |
| 2021 | 3.65 | +£11k |
| 2020 | 4.42 | -£4k |
| 2019 | 4.37 | — |
Derived from filed accounts. Not audited figures.