Ship It Appliances Limited
07705721
Some Concerns
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 5 outstanding charges (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 18/02/2022
DIRECTOR
BRITISH · UNITED KINGDOM · Age 68
Also on 14 other boards
director · Since 18/04/2023
DIRECTOR
BRITISH · UNITED KINGDOM · Age 33
Also on 9 other boards
Persons with Significant Control
For Everyone Group Ltd
Unit 8 Longbridge Road, Parkway 4 Trading Estate, Trafford Park, M17 1SW
Reg: 13050038 · England & Wales · Limited
Notified 02/01/2023
Former PSCs
Mr Keith Jones
Ceased 20/02/2019
Mr Rajeev Dhiri
Ceased 02/10/2019
Mr Jason Lee Clifton
Ceased 02/10/2019
Cww Holdings Limited
Ceased 01/01/2023
Oem Appliances Limited
Ceased 02/01/2023
Charges5 outstanding
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CompanyRankvs 18221+ SIC 47910 peers45
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/12/2024
Turnover
£17.5M
Annual revenue
Net Worth
£137
Balance sheet strength
Cash
£251k
Cash in the bank
Profit Before Tax
-£1.0M
Bottom line earnings
Net Current Assets
-£4.7M
Working capital
Current Assets
£5.5M
Current Liabilities
£10.2M
Fixed Assets
£172k
Debtors
£5.3M
Cost of Sales
£11.9M
Gross Profit
£5.6M
Admin Expenses
£4.4M
Operating Profit
-£1.0M
Profit After Tax
-£1.0M
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.54 | — |
| 2023 | 0.61 | -£2.6M |
| 2022 | 0.97 | -£697k |
| 2021 | 1.12 | -£557k |
| 2020 | 1.08 | +£909k |
| 2019 | 0.70 | -£418k |
| 2018 | 0.88 | — |
Derived from filed accounts. Not audited figures.