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Combined Marine Services Ltd

11758242

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

COMBINED MARINE SERVICES LTD, IVYBRIDGE, PL21 9AE
Incorporated 09/01/2019

Compliance

Last accounts

31/01/2024

total exemption full

Next accounts due

31/10/2025

Overdue

Confirmation statement

Last: 08/01/2024

Due 22/01/2025

Overdue

Industry

33150
Repair and maintenance of ships and boats
47640
Retail sale of sports goods, fishing gear, camping goods, boats and bicycles

Officers

Mr William Robert Higgs

director · Since 09/01/2019

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 1 other board

Mr Matthew John Bunney

director · Since 12/02/2021

SHIPWRIGHT

BRITISH · ENGLAND · Age 41

Persons with Significant Control

Mr William Robert Higgs

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

British · England · Age 40

53, Richard J Smith & Co, Fore Street, Ivybridge, PL21 9AE

Notified 09/01/2019

Charges1 outstanding

Charge
outstanding

SWIG FINANCE LIMITED

Created 21/01/2022Registered 21/01/2022

Insolvency History1 case

creditors voluntary liquidation11/08/2025

Jonathan David Trembath (practitioner) · Samuel Adam Bailey (practitioner)

CompanyRankvs 15+ SIC 33150 peers
5

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.28× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 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.

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.

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 31/01/2024

Net Worth

-£48k

Balance sheet strength

Cash

£15k

Cash in the bank

Net Current Assets

-£104k

Working capital

Current Assets

£40k

Current Liabilities

£144k

Fixed Assets

£68k

Debtors

£19k

Tax at Year End

Corp tax£2k
VAT£79k

Director Loans

Company owes directors£3k

Balance Sheet

Assets less current liabilities-£36k
Signed by Mr William Higgs 22 March 2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioEst. Revenue
20240.28£1.6M
20230.47£1.0M

Derived from filed accounts. Not audited figures.