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Torquay Water Sports Ltd

12040564

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

UNIT 2-4, TORQUAY, TQ2 5EQ
Incorporated 10/06/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

93290
Other amusement and recreation activities

Officers

Mr Timothy Stuart Evans

director · Since 11/03/2026

BRITISH · ENGLAND · Age 39

Mr Jack Higgins

director · Since 11/03/2026

BRITISH · ENGLAND · Age 34

Persons with Significant Control

Mr Timothy Stuart Evans

25–50% shares
25–50% votes

British · England · Age 39

Unit 2-4, Vaughan Road, Torquay, TQ2 5EQ

Notified 11/03/2026

Mr Jack Higgins

25–50% shares
25–50% votes

British · England · Age 34

Unit 2-4, Vaughan Road, Torquay, TQ2 5EQ

Notified 11/03/2026

Former PSCs

Mr Nicholas Harman Coulborn

Ceased 30/11/2021

Everett Marine Limited

Ceased 11/03/2026

Hoffman Knight Associates Limited

Ceased 11/03/2026

CompanyRankvs 5336+ SIC 93290 peers
60

Financial strength89th percentile among SIC peers · 22/25
Employees64th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.62× · 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 strength22/25 pts

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

Employees10/15 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 31/12/2024

Net Worth

£180k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£31k

Working capital

Current Assets

£49k

Current Liabilities

£80k

Fixed Assets

£380k

2avg. employees

Balance Sheet

Assets less current liabilities£349k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.62+£36k
20230.38+£35k
20220.46+£41k
20210.11

Derived from filed accounts. Not audited figures.