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Eastbourne U10 Fishermans Cic

08257333

active
Community Interest Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 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

Accounts

Up to date

Confirmation statement

Up to date

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 562+ SIC 03110 peers
28

Financial strength4th percentile among SIC peers · 1/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.01× · 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.

Employees6/15 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 31/10/2024

Turnover

£75k

Annual revenue

Net Worth

-£93k

Balance sheet strength

Cash

£29k

Cash in the bank

Profit Before Tax

-£13k

Bottom line earnings

Net Current Assets

-£3.5M

Working capital

Current Assets

£49k

Current Liabilities

£3.6M

Fixed Assets

£3.4M

Debtors

£20k

Cost of Sales

£5k

Gross Profit

£75k

Admin Expenses

£149k

Operating Profit

-£13k

1avg. employees

Balance Sheet

Intangible assets£3k
Assets less current liabilities-£93k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.01-£13k
20230.01-£23k
20220.01-£105k
20210.17

Derived from filed accounts. Not audited figures.