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The Marine Group - Commercial Ltd

11180667

active
ltd
england wales
Companies House
Insolvency history
Health Score
39 / 100

High Risk

25/30
Filing
0/30
Financial
14/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Active insolvency proceedings (-20)
  • 3 outstanding charges (-6)

Details

Cardiff Marine Village, Penarth Road, Cardiff, CF11 8TU
Incorporated 31/01/2018

Previously known as

The Marine Group - Property Ltd · until 03/04/2019

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 30/01/2026

Due 13/02/2027

On track

Industry

68209
Other letting and operating of own or leased real estate

Officers

Andrew John Cornish

director · Since 19/08/2024

CHIEF EXECUTIVE

BRITISH · ENGLAND · Age 60

Also on 1 other board

Andrew John Cornish

director · Since 19/08/2024

British · England · Age 60

Former

Drew James Mcdonald

director · Resigned 31/03/2023

Christopher Odling-Smee

director · Resigned 22/08/2024

Alexander David Rogers

director · Resigned 30/09/2025

Persons with Significant Control

Wm Cardiff Limited

75–100% shares
75–100% votes
Appoint directors

40, Craven Street, London, WC2N 5NG

Reg: 15825796 · England · Private Limited Company

Notified 17/08/2024

Former PSCs

Mr Christopher Odling-Smee

Ceased 17/08/2024

Charges3 outstanding

Charge
satisfied

GH DARYANI & CO LIMITED

Created 03/04/2024Registered 19/04/2024Satisfied 21/08/2024
Charge
satisfied

G.H. DARYANI & CO LIMITED

Created 03/04/2024Registered 19/04/2024Satisfied 21/08/2024
Charge
outstanding

JABAC FINANCES LIMITED

Created 25/10/2022Registered 31/10/2022
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 30/06/2022Registered 11/07/2022
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 30/06/2022Registered 11/07/2022
Charge
satisfied

REDWOOD BANK LIMITED

Created 20/06/2018Registered 21/06/2018Satisfied 21/10/2022
Charge
satisfied

REDWOOD BANK LIMITED

Created 20/06/2018Registered 21/06/2018Satisfied 21/10/2022

Insolvency History1 case

receiver manager

Nicholas Myers (receiver manager)

Change History

officer appointedCORNISH, Andrew John
2026-08-21
statusactive
2026-08-21

Active

typeltd
2026-08-21

Private Limited Company

address line1Cardiff Marine Village
2026-08-21

CARDIFF MARINE VILLAGE

post townCardiff
2026-08-21

CARDIFF

CompanyRankvs 261167+ SIC 68209 peers
10

Financial strength2th percentile among SIC peers · 1/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.18× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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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.

Employees3/15 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

Outstanding charges: -10 pts

Insolvency history: -10 pts

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

-£180k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£72k

Working capital

Current Assets

£15k

Current Liabilities

£87k

Fixed Assets

£1.3M

0avg. employees

Balance Sheet

Assets less current liabilities£1.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.18-£131k
20230.04

Derived from filed accounts. Not audited figures.