Island Sailing Club Ltd
12604646
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 01/01/2021
director · Since 01/01/2021
CHIEF EXECUTIVE
BRITISH · ENGLAND · Age 62
Also on 2 other boards
Persons with Significant Control
Mr Anthony Charles Sweet
British · England · Age 71
70 High Street , Cowes, High Street, Cowes, PO31 7RE
Notified 01/11/2021
Mr Ian Matthew Pretty
British · England · Age 62
70 High Street , Cowes, High Street, Cowes, PO31 7RE
Notified 26/08/2025
Former PSCs
Mr Timothy Robert Devlin
Ceased 20/09/2025
Mrs Helen Margaret Lashmar
Ceased 15/10/2022
Charges2 outstanding
LLOYDS BANK PLC
LLOYDS BANK PLC
CompanyRankvs 5761+ SIC 94990 peers23
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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.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
for the foreseeable future without the need to cease operations or sell its assets. No material uncertainties have been identified that would affect the company's ability to continue as a going concern. Therefore, the financial statements do not include adjustments that would be required if the company were unable to continue as a going concern. TURNOVER Income comprises gross income re
Key FinancialsYear ending 31/12/2024
Net Worth
-£69k
Balance sheet strength
Cash
£40k
Cash in the bank
Net Current Assets
-£133k
Working capital
Current Assets
£162k
Current Liabilities
£295k
Fixed Assets
£223k
Debtors
£83k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.55 | +£4k |
| 2023 | 0.37 | +£74k |
| 2022 | 0.52 | -£115k |
| 2021 | 0.70 | — |
Derived from filed accounts. Not audited figures.