Sea Squared Trading Limited
09578006
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 06/05/2015
HOUSEWIFE
BRITISH · UNITED KINGDOM · Age 53
director · Since 06/05/2015
SOLICITOR
BRITISH · UNITED KINGDOM · Age 60
Also on 2 other boards
Persons with Significant Control
Mr Richard Paul Churchill-Coleman
British · United Kingdom · Age 60
Midstrey Barn, The Plantation, Southampton, SO32 2DT
Notified 06/04/2016
CompanyRankvs 1962+ SIC 64303 peers39
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
-£60k
Balance sheet strength
Cash
£86
Cash in the bank
Net Current Assets
-£60k
Working capital
Current Assets
£1.8M
Current Liabilities
£1.9M
Debtors
£2
Tax at Year End(2018)
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.97 | -£48k |
| 2023 | 0.99 | -£803k |
| 2022 | 2.12 | +£0 |
| 2021 | 3.14 | +£0 |
| 2020 | 3.50 | +£0 |
| 2019 | 4.71 | +£0 |
| 2018 | 6.91 | — |
Derived from filed accounts. Not audited figures.