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Jib & Tonic Sailing Ltd

11887047

active
Private Limited Company
england wales
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

ALDGATE HOUSE, HULL, HU1 1RS
Incorporated 18/03/2019

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 15/03/2026

Due 29/03/2027

On track

Industry

50100
Sea and coastal passenger water transport
77341
77341

Officers

Neil O’Leary

secretary · Since 28/04/2022

Neil O'Leary

director · Since 14/04/2022

British

Sarah Jayne O’Leary

director · Since 30/09/2022

British

Former

Tanya Karon Sullivan

secretary · Resigned 28/04/2022

Robert Ian Mechem

director · Resigned 01/03/2020

Tanya Sullivan

director · Resigned 28/04/2022

CompanyRankvs 5970+ SIC 50100 peers
30

Financial strength10th percentile among SIC peers · 3/25
Employees20th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.05× · 2/20
Longevity7 years trading (max 15) · 7/15
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.

Employees3/15 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.

Longevity7/15 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

-£96k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£285k

Working capital

Current Assets

£16k

Current Liabilities

£301k

Fixed Assets

£189k

0avg. employees

Balance Sheet

Assets less current liabilities-£96k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20250.05

Derived from filed accounts. Not audited figures.