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Sail Ties Ltd

12193872

active
Private Limited Company
england wales
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

31 GWILLIAM STREET, BRISTOL, BS3 4LT
Incorporated 06/09/2019

Compliance

Last accounts

30/09/2024

micro entity

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 05/09/2025

Due 19/09/2026

On track

Industry

62012
Business and domestic software development

Officers

Mr Thomas William Guy

director · Since 06/09/2019

SOFTWARE ENGINEER

BRITISH · UNITED KINGDOM · Age 42

Mr Christopher James Jacobs

director · Since 06/09/2019

DESIGNER

BRITISH,CANADIAN · UNITED KINGDOM · Age 35

Mr Don Mcqueen

director · Since 20/05/2022

DIRECTOR

BRITISH · ENGLAND · Age 64

Persons with Significant Control

Mr Christopher James Jacobs

25–50% shares
25–50% votes
Appoint directors

British,Canadian · United Kingdom · Age 35

Second Floor Flat, 3 Victoria Walk, Bristol, BS6 5SR

Notified 06/09/2019

Mr Thomas William Guy

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 42

31, Gwilliam Street, Bristol, BS3 4LT

Notified 06/09/2019

CompanyRankvs 6866+ SIC 62012 peers
75

Financial strength88th percentile among SIC peers · 22/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 58.2× · 20/20
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.

Employees11/15 pts

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

Liquidity20/20 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 30/09/2024

Net Worth

£129k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£130k

Current Liabilities

£2k

2avg. employees

Balance Sheet

Total assets£132k

EstimatesDerived

YearCurrent RatioImplied Profit
202458.20+£74k
202321.17-£104k
202226.44
20216.00

Derived from filed accounts. Not audited figures.