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Zig Zag Sail Charters Ltd

07529034

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

C/O OCG ACCOUNTANTS LTD BIZ HUB TEES VALLEY, BILLINGHAM, TS23 4EA
Incorporated 14/02/2011

Compliance

Last accounts

31/03/2024

total exemption full

Next accounts due

24/06/2026

On track

Confirmation statement

Last: 12/03/2026

Due 26/03/2027

On track

Industry

55900
Other accommodation
93199
Other amusement and recreation activities

Officers

Mr Christopher Stewart Andrews

director · Since 14/02/2011

DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 5 other boards

Persons with Significant Control

Mr Christopher Stewart Andrews

25–50% shares
25–50% votes

British · England · Age 68

C/O Ocg Accountants Ltd, Biz Hub Tees Valley, Billingham, TS23 4EA

Notified 06/04/2016

Mrs Elaine Andrews

25–50% shares
25–50% votes

British · England · Age 67

C/O Ocg Accountants Ltd, Biz Hub Tees Valley, Billingham, TS23 4EA

Notified 17/09/2018

CompanyRankvs 75560+ SIC 55900 peers
40

Financial strength1th percentile among SIC peers · 0/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 pts

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

Employees8/15 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.

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

Key FinancialsYear ending 31/03/2024

Net Worth

-£356k

Balance sheet strength

Cash

£9k

Cash in the bank

Net Current Assets

-£353k

Working capital

Current Assets

£9k

Current Liabilities

£362k

Debtors

£605

1avg. employees

Balance Sheet

Assets less current liabilities-£353k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.03-£95k
20230.17+£22k
20220.10+£36k
20210.05
20200.10
20190.26

Derived from filed accounts. Not audited figures.