Exploration Situation Ltd
11450510
Some Concerns
- Negative net worth (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 30/04/2026
BRITISH · ENGLAND · Age 39
Also on 1 other board
Persons with Significant Control
Overexposure Sports Ltd
The Project Climbing Centre, Dolphin Centre, Poole, BH15 1UD
Reg: 07803295 · Companies House · Company Limited By Shares
Notified 30/04/2026
Former PSCs
Mr Samuel Peck Rearden
Ceased 30/04/2026
Charges2 outstanding
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 5662+ SIC 85510 peers30
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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.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/07/2025
Net Worth
-£157k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£183k
Working capital
Current Assets
£34k
Current Liabilities
£220k
Fixed Assets
£106k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.15 | +£0 |
| 2025 | 0.15 | +£15k |
| 2024 | 0.64 | +£22k |
| 2023 | 0.65 | — |
Derived from filed accounts. Not audited figures.