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Mowana Ltd

10551326

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

Details

71 QUEEN VICTORIA STREET, LONDON, EC4V 4EE
Incorporated 06/01/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

50100
Sea and coastal passenger water transport

Officers

Joanna Ballantyne

secretary · Since 06/01/2017

Joanna Elizabeth Ballantyne

director · Since 06/01/2017

British

Matthew Michael Ballantyne

director · Since 06/01/2017

British

Grant Hugh Davidson

director · Since 21/10/2025

British

CompanyRankvs 3970+ SIC 50100 peers
30

Financial strength1th percentile among SIC peers · 0/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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397Mowana Ltd
40
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.

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.

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

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the comp

Key FinancialsYear ending 30/04/2025

Net Worth

-£3.3M

Balance sheet strength

Cash

£481

Cash in the bank

Net Current Assets

-£6.2M

Working capital

Current Assets

£77k

Current Liabilities

£6.2M

Fixed Assets

£6.1M

Debtors

£77k

4avg. employees

Balance Sheet

Assets less current liabilities-£53k
Signed by Mr M Ballantyne,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.01

Derived from filed accounts. Not audited figures.