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Onward Star Limited

07125694

active
Private Limited Company
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

MEDINA HOUSE, BRIDLINGTON, YO16 4LZ
Incorporated 14/01/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

03110
Marine fishing

Officers

Michael Patrick Sayer

director · Since 14/01/2010

NONE

BRITISH · UNITED KINGDOM · Age 67

Also on 1 other board

Paula Irene Sayer

director · Since 14/01/2010

NONE

BRITISH · ENGLAND · Age 59

Persons with Significant Control

Michael Patrick Sayer

25–50% shares
25–50% votes

British · England · Age 67

Oakwood House, North Marine Road, Bridlington, YO15 1LF

Notified 06/04/2016

Paula Irene Sayer

25–50% shares
25–50% votes

British · England · Age 59

Oakwood House, North Marine Road, Bridlington, YO15 1LF

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 28/10/2021Registered 16/11/2021
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 28/10/2021Registered 16/11/2021
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 25/06/2019Registered 15/07/2019

CompanyRankvs 157+ SIC 03110 peers
57

Financial strength88th percentile among SIC peers · 22/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.33× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength22/25 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.

Liquidity2/20 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

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

Key FinancialsYear ending 31/03/2025

Net Worth

£507k

Balance sheet strength

Cash

£73k

Cash in the bank

Net Current Assets

-£155k

Working capital

Current Assets

£75k

Current Liabilities

£230k

Fixed Assets

£1.3M

Debtors

£2k

3avg. employees

Balance Sheet

Bank loans & overdrafts£345k
Assets less current liabilities£1.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.33-£3k
20240.49+£45k
20230.34+£25k
20220.36+£101k
20210.67+£41k
20200.82+£85k
20194.70

Derived from filed accounts. Not audited figures.