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Ark Marine Limited

10538399

active
Private Limited Company
england wales
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

6 NORTHLANDS ROAD, SOUTHAMPTON, SO15 2LF
Incorporated 23/12/2016

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 19/12/2025

Due 02/01/2027

On track

Industry

71129
Other engineering activities

Officers

Mr Michael Robert Arkell

director · Since 23/12/2016

NAVAL ARCHITECT

BRITISH · ENGLAND · Age 74

Persons with Significant Control

Mr Michael Robert Arkell

Significant control

British · England · Age 74

C/O J & S Accountants Limited, Unit F3, Mill House Business Centre, Mill Road, Southampton, SO40 3AE

Notified 23/12/2016

CompanyRankvs 21939+ SIC 71129 peers
31

Financial strength2th percentile among SIC peers · 1/25
Employees28th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.44× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees4/15 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.

Longevity9/15 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

-£72k

Balance sheet strength

Cash

£94

Cash in the bank

Net Current Assets

-£30k

Working capital

Current Assets

£24k

Current Liabilities

£54k

Debtors

£536

1avg. employees

Balance Sheet

Bank loans & overdrafts£41k
Assets less current liabilities-£30k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.44-£6k
20230.52+£2k
20220.56-£11k
20210.72-£15k
20200.98-£9k
20190.10-£11k
20180.15

Derived from filed accounts. Not audited figures.