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Multihull Centre Limited

08451232

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

4-5 RUSSELL COURT, PLYMOUTH, PL1 2AS
Incorporated 19/03/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47990
Other retail sale not in stores, stalls or markets

Officers

Mr Darren Newton

director · Since 19/03/2013

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 7 other boards

Mr Brendan Seward

director · Since 12/01/2026

BRITISH · ENGLAND · Age 35

Also on 3 other boards

Mr Matthew Jeffrey Theobald

director · Since 12/01/2026

BRITISH · ENGLAND · Age 36

Persons with Significant Control

Mr Simon Franklin Baker

25–50% shares
25–50% votes

British · United Kingdom · Age 59

St Clements, Coombe Green, Saltash, PL12 4ET

Notified 06/04/2016

Mr Darren Newton

25–50% shares
25–50% votes

British · United Kingdom · Age 58

4-5, Russell Court, Plymouth, PL1 2AS

Notified 09/10/2021

Former PSCs

Mr Darren Newton

Ceased 07/02/2018

Ms Alexandra Frodel

Ceased 09/10/2020

CompanyRankvs 14451+ SIC 47990 peers
49

Financial strength9th percentile among SIC peers · 2/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.82× · 6/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

-£18k

Balance sheet strength

Cash

£19k

Cash in the bank

Net Current Assets

-£29k

Working capital

Current Assets

£132k

Current Liabilities

£161k

Fixed Assets

£14k

Debtors

£112k

3avg. employees

Balance Sheet

Bank loans & overdrafts£3k
Assets less current liabilities-£15k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.82-£10k
20240.93+£15k
20231.07+£25k
20221.08-£30k
20211.41

Derived from filed accounts. Not audited figures.