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Kernow Boats (Oars) Limited

11663947

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)
  • Current liabilities exceed current assets (-10)

Details

THE BARN, WOODS FARM GRANGE ROAD, CHELMSFORD, CM3 1HZ
Incorporated 07/11/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

30120
Building of pleasure and sporting boats

Officers

Mr Patrick Simon Bird

director · Since 07/11/2018

BOAT BUILDER

BRITISH · ENGLAND · Age 53

Also on 1 other board

Persons with Significant Control

Lch Property Management Limited

50–75% shares
50–75% votes

The Barn, Woods Farm, Grange Road, Chelmsford, CM3 1HZ

Reg: 05070191 · England And Wales · Limited Company

Notified 07/11/2018

Mr Patrick Simon Bird

25–50% shares
25–50% votes

British · England · Age 53

Cruise Master Boatyard, Eel Pie Island, Twickenham, TW1 3DY

Notified 07/11/2018

CompanyRankvs 561+ SIC 30120 peers
34

Financial strength11th percentile among SIC peers · 3/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.7× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity8/15 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 31/03/2025

Net Worth

-£23k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

Working capital

Current Assets

£29k

Current Liabilities

£41k

Debtors

£28k

0avg. employees

Balance Sheet

Bank loans & overdrafts£3k
Assets less current liabilities-£13k
Signed by 11663947 2024-04-01 2025-03-31 11663947 2025-03-31 11663947 bus:OrdinaryShareClass1 bus:CumulativeShares 2025-03-31 1166Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent Ratio
20250.70
20240.67
20230.71

Derived from filed accounts. Not audited figures.