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Seiche Training Limited

09312435

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)
  • Going concern doubt noted in accounts (-10)

Details

BRADWORTHY INDUSTRIAL ESTATE LANGDON ROAD, HOLSWORTHY, EX22 7SF
Incorporated 14/11/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

85590
Other education

Officers

Mr Roy Wyatt

director · Since 14/11/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 76

Also on 14 other boards

Mrs Paula Ellison

director · Since 18/01/2021

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 3 other boards

Persons with Significant Control

Mr Roy Wyatt

Significant control

British · United Kingdom · Age 76

Bradworthy Industrial Estate, Langdon Road, Holsworthy, EX22 7SF

Notified 06/04/2016

Seiche Water Technology Group Ltd

75–100% shares
75–100% votes

Bradworthy Industrial Estate, Langdon Road, Holsworthy, EX22 7SF

Reg: 10210943 · England And Wales · Limited By Shares

Notified 30/05/2017

Former PSCs

Seiche Limited

Ceased 30/05/2017

CompanyRankvs 11584+ SIC 85590 peers
49

Financial strength39th percentile among SIC peers · 10/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 2.78× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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11584Seiche Training Limited
58
How is this score calculated?
Financial strength10/25 pts

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

Employees2/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

In making this assessment, and as explained in note 9, the directors have specifically considered the impact of the Covid-19 pandemic on the company's ability to continue as a going concern. Accordingly, the director s continue to adopt the going concern basis of accounting in preparing the financial statements. 1.3 Turnover Turnover is recognised at the fair value of the consideration

Key FinancialsYear ending 31/05/2023

Net Worth

£100

Balance sheet strength

Cash

£26k

Cash in the bank

Net Current Assets

£56k

Working capital

Current Assets

£88k

Current Liabilities

£31k

Fixed Assets

£85

Debtors

£60k

0avg. employees-5

Balance Sheet

Assets less current liabilities£56k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20232.78
20180.19

Derived from filed accounts. Not audited figures.