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Blue Water Freight Limited

08450560

active
Private Limited Company
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

249 CRANBROOK ROAD, ILFORD, IG1 4TG
Incorporated 19/03/2013

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

28/12/2026

On track

Confirmation statement

Last: 19/03/2026

Due 02/04/2027

On track

Industry

52290
Other transportation support activities

Officers

Mr Russell Collins

director · Since 19/03/2013

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 6 other boards

Persons with Significant Control

Unisystems Freight (Holdings) Ltd

75–100% shares

249, Cranbrook Road, Ilford, IG1 4TG

Notified 20/03/2021

Former PSCs

Mr Russell Collins

Ceased 20/03/2021

Charges1 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 09/08/2018Registered 15/08/2018

CompanyRankvs 9251+ SIC 52290 peers
15

Financial strength1th percentile among SIC peers · 0/25
Employees35th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding 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.

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.

Longevity13/15 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

Outstanding charges: -10 pts

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

Going Concern Doubt

financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. 1.2 Going concern At 31 March 2026 the company had net liabilities of £197,462. true Given the above, there is a material uncertainty which may cast significant doubt as to the company's ability to continue

Key FinancialsYear ending 31/03/2026

Net Worth

-£197k

Balance sheet strength

Cash

£517

Cash in the bank

Net Current Assets

-£200k

Working capital

Current Assets

£761

Current Liabilities

£200k

Fixed Assets

£2k

Debtors

£244

1avg. employees+1

Tax at Year End(2023)

Dividends paid£98k

Balance Sheet

Assets less current liabilities-£197k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20260.00-£40k
2025-£44k
20240.07-£46k
20230.86

Derived from filed accounts. Not audited figures.