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Suffolk Boat Sales Ltd

13007134

active
ltd
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

Evolution House, Iceni Court, Norwich, NR6 6BB
Incorporated 10/11/2020

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 03/02/2026

Due 17/02/2027

On track

Industry

47640
Retail sale of sports goods, fishing gear, camping goods, boats and bicycles

Officers

William Stuart Farnell

director · Since 10/11/2020

British · England · Age 54

Former

Gary Stanley Travis

director · Resigned 01/02/2026

Benjamin Philip Farnell

director · Resigned 01/02/2026

Persons with Significant Control

Mr William Stuart Farnell

75–100% shares
75–100% votes

British · England · Age 54

Evolution House, Delft Way, Norwich, NR6 6BB

Notified 10/11/2020

Change History

statusactive
2026-06-05

Active

typeltd
2026-06-05

Private Limited Company

address line1Evolution House
2026-06-05

EVOLUTION HOUSE

post townNorwich
2026-06-05

NORWICH

officer appointedFARNELL, William Stuart
2026-06-05

CompanyRankvs 5443+ SIC 47640 peers
31

Financial strength8th percentile among SIC peers · 2/25
Employees41th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.31× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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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.

Employees6/15 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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

-£36k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£55k

Working capital

Current Assets

£25k

Current Liabilities

£80k

Fixed Assets

£23k

1avg. employees

Balance Sheet

Assets less current liabilities-£32k
Signed by Mr W Farnell,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.31+£0
20250.31-£9k
20240.42
20230.32
20220.56

Derived from filed accounts. Not audited figures.