Worldwide Catamarans Ltd
11911113
Some Concerns
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 28/03/2019
YACHT BROKER
BRITISH · UNITED KINGDOM · Age 68
Also on 1 other board
Persons with Significant Control
Mr Graham Stimson
British · United Kingdom · Age 68
1b, The Colony, Burnham On Sea, TA8 2HA
Notified 28/03/2019
CompanyRankvs 5808+ SIC 47640 peers18
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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
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
1A of the standard). The directors are not aware of any material uncertainties related to events or conditions that may cast significant doubt over the ability of the company to continue as a going concern. The financial statements have been prepared on a going concern basis on the grounds that the director will provide sufficient finance. Turnover Turnover is measured at the fair value of
Key FinancialsYear ending 30/03/2025
Net Worth
-£9k
Balance sheet strength
Cash
£1
Cash in the bank
Net Current Assets
-£9k
Working capital
Current Assets
—
Current Liabilities
£9k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | — | -£370 |
| 2024 | 0.00 | — |
| 2023 | 1.00 | — |
Derived from filed accounts. Not audited figures.