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Fal Fishery Cooperative C.I.C.

11915357

active
Community Interest Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)

Details

5 ADMIRALTY QUAY, FALMOUTH, TR11 5UF
Incorporated 30/03/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

03210
Marine aquaculture
85520
Cultural education

Officers

Mr Christopher John Ranger

secretary · Since 30/03/2019

Also on 4 other boards

Mr Christopher John Ranger

director · Since 30/03/2019

OYSTERMAN & MERCHANT

BRITISH · ENGLAND · Age 51

Also on 4 other boards

Persons with Significant Control

Mr Christopher John Ranger

25–50% votes

British · England · Age 51

5 Admiralty Quay, Mylor Churchtown, Falmouth, TR11 5UF

Notified 30/03/2019

Former PSCs

Mr Jason Lee Pascue

Ceased 04/06/2019

CompanyRankvs 207+ SIC 03210 peers
39

Financial strength12th percentile among SIC peers · 3/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.57× · 6/20
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.

Employees8/15 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.

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 30/04/2024

Turnover

£1k

Annual revenue

Net Worth

-£23k

Balance sheet strength

Cash

£8

Cash in the bank

Profit Before Tax

-£20k

Bottom line earnings

Net Current Assets

-£37k

Working capital

Current Assets

£49k

Current Liabilities

£86k

Fixed Assets

£18k

Debtors

£49k

Cost of Sales

£12k

Gross Profit

-£11k

Admin Expenses

£46k

Operating Profit

-£20k

1avg. employees

Balance Sheet

Assets less current liabilities-£18k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.57-£20k
20230.71+£15k
20220.30-£15k
20212.31
20201.10

Derived from filed accounts. Not audited figures.