Back to search

Ecomar Propulsion Ltd

12018439

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

32 STANDARD WAY, FAREHAM, PO16 8XG
Incorporated 28/05/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28110
Manufacture of engines and turbines, except aircraft, vehicle and cycle engines

Officers

Mr Eugene Bari

director · Since 28/05/2019

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Former

Mr Paul Andrew Mitchell

director · Resigned 24/07/2026

Persons with Significant Control

Mr Eugene Bari

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

British · United Kingdom · Age 60

Unit 6 Dartmouth Buildings, Fort Fareham Trading Estate, Fareham, PO14 1AH

Notified 28/05/2019

Former PSCs

Mr Anthony John Bennett

Ceased 16/02/2024

Charges0 outstanding

Charge
satisfied

ROCKING HORSE SOLUTIONS UK LIMITED

Created 02/12/2024Registered 03/12/2024Satisfied 15/05/2025
Charge
satisfied

ROCKING HORSE SOLUTIONS UK LIMITED

Created 22/03/2024Registered 25/03/2024Satisfied 25/11/2024
Charge
satisfied

PROMARINE FINANCE LIMITED

Created 18/03/2024Registered 19/03/2024Satisfied 28/10/2024
Charge
satisfied

ROCKING HORSE SOLUTIONS UK LIMITED

Created 31/10/2023Registered 31/10/2023Satisfied 25/03/2024
Charge
satisfied

PROMARINE FINANCE LTD

Created 14/04/2023Registered 17/04/2023Satisfied 28/10/2024
Charge
satisfied

ROCKING HORSE SOLUTIONS UK LIMITED

Created 15/12/2022Registered 16/12/2022Satisfied 05/10/2023
Charge
satisfied

ROCKING HORSE SOLUTIONS UK LIMITED

Created 21/03/2022Registered 22/03/2022Satisfied 13/06/2022

CompanyRankvs 41+ SIC 28110 peers
70

Financial strength92th percentile among SIC peers · 23/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.41× · 12/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength23/25 pts

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

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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 31/05/2025

Net Worth

£1.0M

Balance sheet strength

Cash

£77k

Cash in the bank

Net Current Assets

£201k

Working capital

Current Assets

£687k

Current Liabilities

£486k

Fixed Assets

£815k

Debtors

£79k

8avg. employees-5

Tax at Year End

Corp tax-£98k
VAT£15k

Director Loans

Company owes directors£35k

Balance Sheet

Intangible assets£800k
Assets less current liabilities£1.0M
Signed by Mr Eugene Bari 04/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20251.41+£17k£299k
20241.41+£413k
20230.44

Derived from filed accounts. Not audited figures.