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North Devon Waves Limited

13006927

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

71 SOUTHCHURCH BOULEVARD, SOUTHEND-ON-SEA, SS2 4UL
Incorporated 10/11/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

55209
Other holiday and short-stay accommodation

Officers

Dr Alistair Stuart Hughes

director · Since 10/11/2020

DOCTOR

BRITISH · ENGLAND · Age 48

Also on 2 other boards

Dr Benjamin John Maddison

director · Since 10/01/2021

DOCTOR

BRITISH · ENGLAND · Age 51

Also on 2 other boards

Mrs Suzanne Louise Maddison

director · Since 29/10/2021

PHYSIOTHERAPIST

BRITISH · ENGLAND · Age 51

Also on 3 other boards

Persons with Significant Control

Dr Alistair Stuart Hughes

25–50% shares
25–50% votes

British · England · Age 48

71, Southchurch Boulevard, Southend-On-Sea, SS2 4UL

Notified 10/11/2020

Former PSCs

Dr Benjamin Maddison

Ceased 10/05/2021

Charges1 outstanding

Charge
outstanding

MONMOUTHSHIRE BUILDING SOCIETY

Created 30/09/2021Registered 22/11/2021

CompanyRankvs 5753+ SIC 55209 peers
28

Financial strength8th percentile among SIC peers · 2/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.11× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength2/25 pts

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

Employees13/15 pts

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

Liquidity2/20 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/11/2024

Net Worth

-£50k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£163k

Working capital

Current Assets

£20k

Current Liabilities

£182k

Fixed Assets

£338k

3avg. employees+3

Balance Sheet

Assets less current liabilities£176k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.11-£8k
20230.04-£77k
20220.01+£26k
20210.03

Derived from filed accounts. Not audited figures.