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North East Safety Boats And Co. Limited

08970566

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

LEVEL Q, SHERATON HOUSE SURTEES WAY, STOCKTON-ON-TEES, TS18 3HR
Incorporated 01/04/2014

Compliance

Last accounts

30/04/2024

total exemption full

Next accounts due

31/01/2026

Overdue

Confirmation statement

Last: 01/04/2025

Due 15/04/2026

Overdue

Industry

50100
Sea and coastal passenger water transport

Officers

Mr Gareth David Southcott

director · Since 01/04/2014

DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 1 other board

Mrs Vanessa Lynsey Southcott

director · Since 15/01/2018

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 2 other boards

Persons with Significant Control

Mr Gareth David Southcott

25–50% shares
25–50% votes

British · England · Age 44

C/O Hmb Accountants Limited, 18a Manor Way, Billingham, TS23 4HN

Notified 01/02/2018

Mrs Vanessa Lynsey Southcott

25–50% shares
25–50% votes

British · England · Age 47

C/O Hmb Accountants Limited, 18a Manor Way, Billingham, TS23 4HN

Notified 01/02/2018

Former PSCs

Mr Arthur John Southcott

Ceased 01/02/2018

Insolvency History1 case

creditors voluntary liquidation10/07/2025

Ian James Royle (practitioner) · David Adam Broadbent (practitioner)

CompanyRankvs 15+ SIC 50100 peers
19

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.39× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Insolvency history -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.

Employees0/15 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.

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

Insolvency history: -10 pts

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

Key FinancialsYear ending 30/04/2024

Net Worth

-£152k

Balance sheet strength

Cash

£18k

Cash in the bank

Net Current Assets

-£197k

Working capital

Current Assets

£125k

Current Liabilities

£322k

Fixed Assets

£72k

Debtors

£59k

12avg. employees-1

Balance Sheet

Bank loans & overdrafts£17k
Assets less current liabilities-£125k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20240.39-£120k
20230.69

Derived from filed accounts. Not audited figures.