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Wartsila Defence Solutions Ltd

12507713

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

4 MARPLES WAY, HAVANT, PO9 1NX
Incorporated 10/03/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

33150
Repair and maintenance of ships and boats

Officers

Mr Robert Brian Burford

director · Since 19/03/2020

DIRECTOR

BRITISH · ENGLAND · Age 62

Mr Robin Edward Jones

director · Since 10/11/2022

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 2 other boards

Mr Benjamin Steffan Don Gardiner

secretary · Since 23/09/2024

Persons with Significant Control

Wartsila Corp

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

Wärtsilä Corporation, P.O. Box 1834, Fi-00080 Wärtsilä

Reg: 01286311 · Finnish Trade Register · Public Limited Company

Notified 10/03/2020

CompanyRankvs 1058+ SIC 33150 peers
31

Financial strength18th percentile among SIC peers · 5/25
Employees100th percentile among SIC peers · 15/15
LiquidityNo balance sheet data · 0/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
1C. Toms And Son Limited
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3Marine Turbo Engineering Limited
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4Vulkan Industries Limited
90
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90
6Barnes Marine Units Limited
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7Norfolk Yacht Agency Limited
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8Shield Environmental Services Limited
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9Beeston Marina Limited
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10Mms Ship Repair And Dry Dock Co. Ltd
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1058Wartsila Defence Solutions Ltd
41
How is this score calculated?
Financial strength5/25 pts

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

Employees15/15 pts

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

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity6/15 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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/12/2024

Net Worth

£0

Balance sheet strength

Cash

—

Cash in the bank

Profit Before Tax

£1.8M

Bottom line earnings

Net Current Assets

—

Working capital

Current Assets

—

Current Liabilities

£29.0M

Debtors

£13.9M

Profit After Tax

£984k

158avg. employees+4

Tax at Year End

Corp tax£229k
Dividends paid-£3.0M

People Costs

Wages & salaries£8.0M

Balance Sheet

Depreciation£1.0M
Prepared with CCH Software