Back to search

Balaena Ltd

12030661

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

THE GAIA ENERGY CENTRE, CORNWALL, PL33 9DA
Incorporated 03/06/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

30110
Building of ships and floating structures
42910
Construction of water projects

Officers

Mr Simon James Gillett

director · Since 03/06/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 5 other boards

Ms Melanie Jane Stringer

director · Since 03/06/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 2 other boards

Mr Peter John Andrew Furmston

director · Since 01/10/2019

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 1 other board

Persons with Significant Control

Mr Simon James Gillett

75–100% shares

British · United Kingdom · Age 55

3, Eddystone House, 6, Eddystone Road, Wadebridge, PL27 7AL

Notified 03/06/2019

Ms Melanie Jane Stringer

Significant control

British · United Kingdom · Age 59

3, Eddystone House, 6, Eddystone Road, Wadebridge, PL27 7AL

Notified 03/06/2019

CompanyRankvs 147+ SIC 30110 peers
40

Financial strength86th percentile among SIC peers · 22/25
Employees24th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.06× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
1Holyhead Marine Services Limited
90
2Barnes Marine Units Limited
90
3Manor Marine Uk Limited
89
4C. Toms And Son Limited
88
5Clements Engineering (St. Neots) Limited
88
6Alicat Workboats Limited
88
7Sharpness Shipyard And Dry Dock Limited
87
8Aluminium Marine Consultants Limited
87
9The Hoveraid Trust
86
10Marine Holdings (Sharpness) Ltd
85
147Balaena Ltd
50
How is this score calculated?
Financial strength22/25 pts

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

Employees4/15 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.

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

identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the parent Company's ability to continue as a going concern for a period of at least twelve months from the date when the financial statements are authorised for issue. Our responsibilities, and the responsibilities of the directors, with respect

Key FinancialsYear ending 30/06/2025

Net Worth

£389k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

-£35.8M

Working capital

Current Assets

£2.4M

Current Liabilities

£38.2M

Fixed Assets

£36.4M

Debtors

£2.4M

Profit After Tax

-£123k

0avg. employees

Tax at Year End

Corp tax£0

Balance Sheet

Intangible assets£2.2M
Assets less current liabilities£609k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.06+£0
20250.06-£123k
20240.05-£41k
20230.04+£640k
20221.30-£65k
202187.84—

Derived from filed accounts. Not audited figures.