Cruising Excursions Limited
07567208
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
audit exemption subsidiary
Next accounts due
30/09/2026
Confirmation statement
Last: 10/09/2025
Due 24/09/2026
Industry
Officers
director · Since 12/03/2025
DIRECTOR
AMERICAN · UNITED STATES · Age 60
Also on 4 other boards
director · Since 23/04/2026
BRITISH · UNITED KINGDOM · Age 49
Also on 8 other boards
Persons with Significant Control
Hornblower Uk Holdings Limited
Cherry Garden Pier, Cherry Garden Street, Rotherhithe, SE16 4TU
Reg: 12179290 · Companies House · Private Limited Company
Notified 08/01/2021
Former PSCs
Mr Christopher Richard Photi
Ceased 08/01/2021
Mr John Christopher Wimbleton
Ceased 08/01/2021
Mr Roger Jeffrey Allard
Ceased 08/01/2021
Mr Christopher Richard Photi
Ceased 16/04/2016
Mr John Christopher Wimbleton
Ceased 16/04/2016
Mr Roger Jeffrey Allard
Ceased 16/04/2016
Charges0 outstanding
GLAS TRUST COMPANY LLC (AS COLLATERAL AGENT)
GLAS TRUST COMPANY LLC
GLAS TRUST COMPANY LLC
GLAS TRUST COMPANY LLC
CompanyRankvs 12+ SIC 79909 peers80
Show leaderboard
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
including securing a £250k loan from NatWest Bank under the Coronavirus Business Interruption Loan Scheme, to mitigate against the impact of Covid-19 and on the Company's ability to continue as a going concern. For these reasons, the directors believe that it is still appropriate to apply the going concern basis in the financial statements. Page 5 CRUISING EXCURSIONS LIMITED NOTES TO THE FINANCIAL
Key FinancialsYear ending 30/09/2020
Net Worth
£1.4M
Balance sheet strength
Cash
£1.8M
Cash in the bank
Net Current Assets
£1.5M
Working capital
Current Assets
£2.0M
Current Liabilities
£525k
Fixed Assets
£186k
Debtors
£210k
Profit After Tax
-£538k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2020 | 3.84 | -£738k |
| 2019 | 2.35 | — |
Derived from filed accounts. Not audited figures.