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Nomad Sailing Limited

07455321

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

28 WILTON ROAD, BEXHILL ON SEA, TN40 1EZ
Incorporated 30/11/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

93199
Other amusement and recreation activities

Officers

Mr James Douglas Barden

director · Since 30/11/2010

PRINCIPAL

BRITISH · ENGLAND · Age 56

Also on 1 other board

Miss Louise Jane Haveloch Barden

director · Since 30/11/2010

NONE

BRITISH · UNITED KINGDOM · Age 60

Persons with Significant Control

Mr James Douglas Barden

25–50% shares
25–50% votes
Appoint directors

British · England · Age 56

28 Wilton Road, Bexhill On Sea, TN40 1EZ

Notified 06/04/2016

Miss Louise Jane Haveloch Barden

25–50% shares
25–50% votes
Appoint directors

British · England · Age 60

28 Wilton Road, Bexhill On Sea, TN40 1EZ

Notified 06/04/2016

CompanyRankvs 9787+ SIC 93199 peers
37

Financial strength9th percentile among SIC peers · 2/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.35× · 2/20
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 strength2/25 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

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

fall due for the foreseeable future. In reaching this conclusion they consider that no material uncertainty exists. As a result, the directors have concluded that it remains appropriate to adopt a going concern basis of preparation in these financial statements. Turnover Turnover represents invoices raised in respect of sailing tuition net of value added tax. Turnover is recognised at the point

Key FinancialsYear ending 31/12/2024

Net Worth

-£19k

Balance sheet strength

Cash

£624

Cash in the bank

Net Current Assets

-£32k

Working capital

Current Assets

£17k

Current Liabilities

£49k

Fixed Assets

£27k

Debtors

£16k

3avg. employees

Tax at Year End(2023)

Corp tax£9k

Director Loans

Company owes directors£172

Balance Sheet

Assets less current liabilities-£4k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.35-£47k
20231.52+£4k
20221.62-£10k£60k
20211.77£441k

Derived from filed accounts. Not audited figures.