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Eastbourne U10 Fishermans Cic

08257333

active
Community Interest Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

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

Details

23 ST LEONARDS ROAD, BEXHILL ON SEA, TN40 1HH
Incorporated 17/10/2012

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 17/10/2025

Due 31/10/2026

On track

Industry

03110
Marine fishing
70210
70210
85520
Cultural education
94990
Activities of other membership organisations

Officers

Michael Gustav Newton-Smith

secretary · Since 17/10/2012

Also on 1 other board

Michael Gustav Newton-Smith

director · Since 17/10/2012

COMMERCIAL FISHERMAN

BRITISH · UNITED KINGDOM · Age 42

Also on 1 other board

Charges1 outstanding

Charge
outstanding

EAST SUSSEX COUNTY COUNCIL

Created 23/11/2023Registered 25/11/2023

CompanyRankvs 571+ SIC 03110 peers
27

Financial strength4th percentile among SIC peers · 1/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees5/15 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.

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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/10/2025

Turnover

£87k

Annual revenue

Net Worth

-£104k

Balance sheet strength

Cash

£41k

Cash in the bank

Profit Before Tax

-£12k

Bottom line earnings

Net Current Assets

-£3.5M

Working capital

Current Assets

£63k

Current Liabilities

£3.5M

Fixed Assets

£3.4M

Debtors

£22k

Gross Profit

£87k

Admin Expenses

£147k

Operating Profit

-£12k

1avg. employees

Balance Sheet

Intangible assets£0
Assets less current liabilities-£104k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20250.02-£12k
20240.01-£13k
20230.01

Derived from filed accounts. Not audited figures.