Arctic Shores Limited
08589048
Some Concerns
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2025
total exemption full
Next accounts due
30/09/2027
Confirmation statement
Last: 16/06/2025
Due 30/06/2026
Industry
Officers
director · Since 28/06/2013
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 60
Also on 2 other boards
director · Since 23/06/2016
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 67
Also on 4 other boards
director · Since 27/09/2024
INVESTMENT DIRECTOR
BRITISH · ENGLAND · Age 54
Also on 3 other boards
director · Since 05/03/2025
VENTURE CAPITALIST
BRITISH · UNITED KINGDOM · Age 66
Also on 8 other boards
director · Since 18/08/2025
CHARTERED ACCOUNTANT
BRITISH · ENGLAND · Age 45
Also on 1 other board
Persons with Significant Control
Former PSCs
Viscount Robert Francis John Newry
Ceased 14/08/2019
Mr Safe E'Dean Hammad
Ceased 14/08/2019
Charges1 outstanding
CANDY VENTURES SARL
SILICON VALLEY BANK
SILICON VALLEY BANK
CANDY VENTURES SARL
CompanyRankvs 391670+ SIC 62012 peers23
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements. The Board remain confident in the company’s ability to continue as a going concern, with a further £150,000 of convertible loan funds available t
Key FinancialsYear ending 31/12/2025
Net Worth
-£2.5M
Balance sheet strength
Cash
£785k
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
—
Current Liabilities
£4.2M
Fixed Assets
£79
Debtors
£915k
Director Loans(2024)
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | — | -£848k |
| 2024 | — | -£1.8M |
| 2023 | 1.15 | -£1.8M |
| 2022 | 1.79 | +£3.3M |
| 2021 | 1.11 | -£2.2M |
| 2020 | 1.68 | -£1.1M |
| 2019 | 2.61 | — |
Derived from filed accounts. Not audited figures.