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Marine Propulsion Products Ltd

11698944

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

SUITE 17, CAUTRAC SERVICED OFFICES THE CAUSEWAY, COLCHESTER, CO6 4EJ
Incorporated 27/11/2018

Compliance

Last accounts

30/11/2024

total exemption full

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 26/11/2025

Due 10/12/2026

On track

Industry

30110
Building of ships and floating structures

Officers

Mrs Cassie Lorraine Parsons

director · Since 27/11/2018

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 45

Mr David Parsons

director · Since 27/11/2018

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 2 other boards

Persons with Significant Control

Mr David Parsons

50–75% shares
50–75% votes

British · England · Age 44

7, Chartwell Lane, Longfield, DA3 7AY

Notified 27/11/2018

Mrs Cassie Lorraine Parsons

25–50% shares
25–50% votes

British · England · Age 45

7, The Paddocks, Torquay, DA3 7AY

Notified 27/11/2018

CompanyRankvs 142+ SIC 30110 peers
55

Financial strength59th percentile among SIC peers · 15/25
Employees75th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.94× · 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 strength15/25 pts

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

Employees11/15 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 30/11/2025

Net Worth

£8k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£496

Working capital

Current Assets

£8k

Current Liabilities

£9k

Fixed Assets

£13k

Debtors

£3k

3avg. employees

Balance Sheet

Assets less current liabilities£12k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.94-£4k
20241.56
20231.14

Derived from filed accounts. Not audited figures.