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Marine Power Limited

07585514

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

WEST LANE, NORWICH, NR13 5RG
Incorporated 31/03/2011

Compliance

Last accounts

31/03/2025

unaudited abridged

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 31/03/2026

Due 14/04/2027

On track

Industry

71129
Other engineering activities

Officers

Mrs Belen Andrea Dacre

director · Since 31/03/2011

NONE

BRITISH · ENGLAND · Age 40

Also on 5 other boards

Mr Samuel Edward Dacre Bsc

director · Since 31/03/2011

NONE

BRITISH · ENGLAND · Age 48

Also on 5 other boards

Mr Peter Reeve

director · Since 30/06/2021

GENERAL MANAGER

BRITISH · ENGLAND · Age 59

Also on 2 other boards

Persons with Significant Control

Mr Samuel Edward Dacre

75–100% shares
75–100% votes

British · England · Age 48

West Lane, Brundall, Norwich, NR13 5RG

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 21/11/2022Registered 28/11/2022
Charge
satisfied

HSBC BANK PLC

Created 15/04/2015Registered 16/04/2015Satisfied 02/08/2022

CompanyRankvs 15046+ SIC 71129 peers
36

Financial strength0th percentile among SIC peers · 0/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.38× · 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 strength0/25 pts

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

Employees14/15 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

-£817k

Balance sheet strength

Cash

£295

Cash in the bank

Net Current Assets

-£909k

Working capital

Current Assets

£559k

Current Liabilities

£1.5M

Fixed Assets

£93k

Debtors

£148k

8avg. employees

Balance Sheet

Assets less current liabilities-£817k
Signed by 2024-04-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20250.38+£0
20250.38-£81k
20240.43-£373k
20230.54

Derived from filed accounts. Not audited figures.