Binnacle Ltd
11225309
Healthy
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 26/02/2018
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 57
Also on 1 other board
director · Since 27/02/2018
ADMINISTRATIVE ASSISTANT
BRITISH · ENGLAND · Age 55
Also on 1 other board
Persons with Significant Control
Mrs Wendy Anne Bixby
British · United Kingdom · Age 55
7, Gunfleet Close, Colchester, CO5 8LE
Notified 26/02/2018
Mr William Ronald Bixby
British · United Kingdom · Age 57
7, Gunfleet Close, Colchester, CO5 8LE
Notified 26/02/2018
CompanyRankvs 2908+ SIC 82301 peers36
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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 31/03/2025
Net Worth
-£6k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£6k
Working capital
Current Assets
£8k
Current Liabilities
£14k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.54 | +£25k |
| 2024 | 0.03 | -£12k |
| 2023 | 0.42 | -£7k |
| 2022 | 0.46 | — |
| 2021 | 1.01 | — |
| 2019 | 3.07 | — |
Derived from filed accounts. Not audited figures.