Back to search

Pearl Yachts Ltd

08068803

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

UNIT 4 ST GEORGES BUSINESS PARK, WARWICK, CV34 5DR
Incorporated 15/05/2012

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 15/05/2025

Due 29/05/2026

On track

Industry

30120
Building of pleasure and sporting boats

Officers

Cenk Efe Yavuz

director · Since 29/01/2025

Spanish

Paul Christopher Hannah

director · Since 15/05/2012

English

Iain Peter Smallridge

director · Since 15/05/2012

British

Former

Margaret Glynis Whittaker

director · Resigned 02/02/2025

Ronald Anthony Whittaker

director · Resigned 21/12/2018

CompanyRankvs 105+ SIC 30120 peers
78

Financial strength99th percentile among SIC peers · 25/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.57× · 20/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
1Norfolk Broads Direct Limited
90
2Williams Jet Tenders Limited
90
3E.C.Landamore & Co.Limited
89
4Marine Concepts Limited
89
5Avon Boating Ltd
89
6Peter Freebody & Co. Limited
89
7Pearl Yachts Ltd
88
8Jeremy Rogers Limited
88
9Warrior Boats Ltd
88
10Mike'S Boatyard Limited
87
How is this score calculated?
Financial strength25/25 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.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 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

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

Key FinancialsYear ending 31/12/2024

Net Worth

£8.6M

Balance sheet strength

Cash

£9.0M

Cash in the bank

Profit Before Tax

£3.8M

Bottom line earnings

Net Current Assets

£14.4M

Working capital

Current Assets

£23.6M

Current Liabilities

£9.2M

Fixed Assets

£2.1M

Debtors

£8.5M

Cost of Sales

£35.8M

Admin Expenses

£9.7M

Profit After Tax

£3.8M

8avg. employees

People Costs

Wages & salaries£1.1M

Balance Sheet

Intangible assets£736k
Assets less current liabilities£16.5M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20242.57

Derived from filed accounts. Not audited figures.