Seaground Ltd
12601745
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/05/2025
micro entity
Next accounts due
28/02/2027
Confirmation statement
Last: 13/05/2026
Due 27/05/2027
Industry
Officers
director · Since 14/05/2020
COMPANY SECRETARY/DIRECTOR
BRITISH · UNITED KINGDOM · Age 54
Also on 1 other board
director · Since 01/05/2022
COMPANY DIRECTOR
BRITISH · SCOTLAND · Age 67
Also on 1 other board
Persons with Significant Control
Mr Ian Shepherd Sotheran
British · United Kingdom · Age 54
Mallan House, Bridge End Industrial Estate, Hexham, NE46 4DQ
Notified 14/05/2020
Change History
Active
Private Limited Company
MALLAN HOUSE
HEXHAM
CompanyRankvs 7877+ SIC 74901 peers32
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Turnover
£521k
Annual revenue
Net Worth
-£15k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£15k
Working capital
Current Assets
£18k
Current Liabilities
£33k
Fixed Assets
£0
Profit After Tax
-£4k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.55 | +£0 |
| 2025 | 0.55 | +£10k |
| 2024 | 0.25 | -£21k |
| 2023 | 1.06 | +£21k |
| 2022 | 0.84 | — |
Derived from filed accounts. Not audited figures.