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Subsea Craft Limited

08930367

active
ltd
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

The Camber, East Street, Portsmouth, PO1 2JJ
Incorporated 10/03/2014

Compliance

Last accounts

31/12/2024

group

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 03/06/2025

Due 17/06/2026

On track

Industry

30110
Building of ships and floating structures

Officers

John Patrick William Louth

director · Since 03/05/2019

British · England · Age 60

Richard Alan Collenette

director · Since 19/09/2019

British · Guernsey · Age 48

Camilla Jane Martin

director · Since 01/10/2019

British · United Kingdom · Age 54

Leonie Jasmine Cannon

secretary · Since 27/05/2021

Christopher Matthew Carrington-Smith

director · Since 24/04/2024

British · England · Age 40

Penelope Mary Mordaunt

director · Since 15/01/2025

British · England · Age 53

Thomas Patrick Harkin

director · Since 18/12/2025

British · England · Age 35

Matthew Kristian Swales

director · Since 30/04/2026

British · England · Age 41

Former

Graham Edward Weller

director · Resigned 30/04/2016

John Richard Creasey

director · Resigned 01/08/2017

Brian Victor Thompson

director · Resigned 21/03/2018

Karen Dawn Barnard

director · Resigned 27/03/2018

William Alban Davis

director · Resigned 31/12/2018

Clive Philip Vernon

director · Resigned 26/06/2019

James Andrew Gosling

director · Resigned 26/06/2019

Wayne Richard Barfoot

director · Resigned 23/06/2020

David Elliott Bence

director · Resigned 15/07/2020

Simon Timothy Chicken

director · Resigned 14/10/2020

Simon Francis Eveleigh

director · Resigned 14/10/2020

Camilla Jane Wilks

secretary · Resigned 26/05/2021

Elizabeth Deheza

director · Resigned 22/06/2022

Oliver James Shepherd

director · Resigned 16/12/2022

Peter Scott Verney

director · Resigned 17/01/2024

Graham Lockhart Allen

director · Resigned 03/12/2024

David Peter Henson

director · Resigned 14/04/2025

Oliver David Morton

director · Resigned 30/06/2025

Lee David Ebsworth

director · Resigned 20/11/2025

Persons with Significant Control

Former PSCs

Pula Investments Guernsey Limited

Ceased 06/04/2016

Morton Fraser Nominees Limited

Ceased 21/04/2021

Mrs Margaret Alison Lansdown

Ceased 06/06/2016

Mr Stephen Philip Lansdown

Ceased 06/06/2016

Charges2 outstanding

Charge
outstanding

J.P. MORGAN SE

Created 28/04/2026Registered 13/05/2026
Charge
outstanding

PULA INVESTMENTS LIMITED

Created 03/06/2014Registered 06/06/2014

Change History

officer appointedSWALES, Matthew Kristian
2026-06-07
officer appointedHARKIN, Thomas Patrick
2026-06-07
officer appointedLOUTH, John Patrick William, Professor
2026-06-07
officer appointedMARTIN, Camilla Jane
2026-06-07
officer appointedMORDAUNT, Penelope Mary
2026-06-07
officer appointedCANNON, Leonie Jasmine
2026-06-07
officer appointedCARRINGTON-SMITH, Christopher Matthew
2026-06-07
officer appointedCOLLENETTE, Richard Alan
2026-06-07
typeltd
2026-06-07

Private Limited Company

address line1The Camber
2026-06-07

THE CAMBER

post townPortsmouth
2026-06-07

PORTSMOUTH

statusactive
2026-06-07

Active

CompanyRankvs 99+ SIC 30110 peers
51

Financial strength1th percentile among SIC peers · 0/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.68× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding 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.

Employees14/15 pts

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

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity12/15 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 31/12/2021

Net Worth

-£3.2M

Balance sheet strength

Cash

£380k

Cash in the bank

Net Current Assets

£1.9M

Working capital

Current Assets

£3.0M

Current Liabilities

£1.1M

Fixed Assets

£13.1M

Debtors

£2.7M

25avg. employees+7

Balance Sheet

Intangible assets£12.8M
Assets less current liabilities£15.0M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20212.68-£2.4M
202025.04-£74k
201922.01-£559k
201821.45

Derived from filed accounts. Not audited figures.