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Q Varl Fishing Company Limited

09181976

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

CENTURY HOUSE, TORQUAY, TQ2 7TD
Incorporated 19/08/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

03110
Marine fishing

Officers

Mr Ian Alasdair Fletcher

director · Since 19/08/2014

DIRECTOR

BRITISH · SCOTLAND · Age 64

Also on 2 other boards

Mr David William Leiper

director · Since 19/08/2014

BUYING DIRECTOR

BRITISH · SCOTLAND · Age 50

Also on 11 other boards

Mr John Macalister

director · Since 19/08/2014

MANAGING DIRECTOR

BRITISH · SCOTLAND · Age 72

Also on 4 other boards

Mr Andrew David Smith

director · Since 29/11/2022

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 36

Also on 9 other boards

Persons with Significant Control

The Star Fishing Company Limited

75–100% shares
75–100% votes

Unit 6, South Pier, Oban, PA34 4LS

Notified 06/04/2016

CompanyRankvs 477+ SIC 03110 peers
43

Financial strength1th percentile among SIC peers · 0/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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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.

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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

-£764k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£646k

Working capital

Current Assets

£2k

Current Liabilities

£648k

Fixed Assets

£384k

Debtors

£43

4avg. employees

Balance Sheet

Intangible assets£4k
Assets less current liabilities-£262k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.00-£45k
20230.00-£50k
20220.01-£83k
2021-£102k
2020-£118k
20190.03-£121k
20180.12

Derived from filed accounts. Not audited figures.