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North Sea Explorer Ltd

08620564

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

120 BEACONSIDE, SOUTH SHIELDS, NE34 7PT
Incorporated 23/07/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

03110
Marine fishing

Officers

Mr Colin Graham

director · Since 23/07/2013

DIRECTOR

ENGLISH · UNITED KINGDOM · Age 44

Also on 5 other boards

Persons with Significant Control

Mr Colin Graham

75–100% shares

British · England · Age 44

120, Beaconside, South Shields, NE34 7PT

Notified 23/07/2016

CompanyRankvs 307+ SIC 03110 peers
56

Financial strength50th percentile among SIC peers · 13/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.27× · 2/20
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 strength13/25 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.

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.

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

Key FinancialsYear ending 31/07/2025

Net Worth

£13k

Balance sheet strength

Cash

£39k

Cash in the bank

Net Current Assets

-£175k

Working capital

Current Assets

£63k

Current Liabilities

£239k

Fixed Assets

£310k

Debtors

£25k

3avg. employees

Tax at Year End

Corp tax£9k

Director Loans

Company owes directors£215k

Balance Sheet

Assets less current liabilities£135k
Signed by Mr Colin Graham 29/04/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.27+£0
20250.27-£153k
20240.65-£97k
20230.95+£51k
20220.20-£112k
20210.21

Derived from filed accounts. Not audited figures.