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Westgate Caravan Park Limited

07127036

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

WESTGATE CARAVAN PARK, MORECAMBE, LA3 3DE
Incorporated 15/01/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

55300
Recreational vehicle parks, trailer parks and camping grounds

Officers

Iain William Makinson

director · Since 15/01/2010

DIRECTOR

BRITISH · UNITED KINGDOM · Age 61

Also on 2 other boards

Persons with Significant Control

Iain William Makinson

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 61

Hideway, 38 Greenwood Crescent, Bolton Le Sands, LA5 8AX

Notified 06/04/2016

CompanyRankvs 90+ SIC 55300 peers
76

Financial strength92th percentile among SIC peers · 23/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 5.46× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength23/25 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.

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.

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

financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. 1.2 Going concern The director does not consider there to be a material uncertainty at this time, and there is a reasonable expectation that the company has adequate resources to continue in operational e

Key FinancialsYear ending 31/03/2025

Net Worth

£2.5M

Balance sheet strength

Cash

£339k

Cash in the bank

Net Current Assets

£1.6M

Working capital

Current Assets

£2.0M

Current Liabilities

£358k

Fixed Assets

£937k

Debtors

£1.3M

7avg. employees

Balance Sheet

Assets less current liabilities£2.5M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20255.46+£98k
20245.69+£162k
20235.49+£248k
20224.83+£213k
20213.83+£204k
20203.67+£130k
20192.89—

Derived from filed accounts. Not audited figures.