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Grow Your Boat Ltd

09269479

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

48 DARTMOUTH ROW, LONDON, SE10 8AW
Incorporated 17/10/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities
85590
Other education

Officers

Mr Jalin Somaiya

director · Since 17/10/2014

CMO / COO

UNITED KINGDOM · UNITED KINGDOM · Age 48

Persons with Significant Control

Mr Jalin Vinaykant Somaiya

75–100% shares

British · England · Age 48

48, Dartmouth Row, London, SE10 8AW

Notified 06/04/2016

CompanyRankvs 69477+ SIC 70229 peers
59

Financial strength97th percentile among SIC peers · 24/25
Employees37th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.16× · 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 strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees6/15 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 31/10/2024

Net Worth

£575k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£80k

Working capital

Current Assets

£16k

Current Liabilities

£95k

Fixed Assets

£706k

1avg. employees

Balance Sheet

Assets less current liabilities£627k
Signed by Jalin Somaiya 28/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.16+£166k
20233.89+£29k
20224.48+£193k
202129.72

Derived from filed accounts. Not audited figures.