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Scotline Ship Owners Ltd

13080159

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

75 MAIN ROAD, GIDEA PARK, RM2 5EL
Incorporated 14/12/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

50200
Sea and coastal freight water transport

Officers

Mr Peter Thomas Millatt

director · Since 14/12/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 77

Also on 1 other board

Mr Jonathan James Millatt

director · Since 27/04/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Also on 16 other boards

Mr Robert William Millatt

director · Since 27/04/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Also on 11 other boards

Mrs Bremini Sudarshan

director · Since 01/07/2025

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 7 other boards

Persons with Significant Control

Mr Peter Thomas Millatt

75–100% shares

British · England · Age 77

75, Main Road, Romford, RM2 5EL

Notified 07/04/2025

Former PSCs

Mrs Barbara Janet Millatt

Ceased 07/04/2025

CompanyRankvs 2096+ SIC 50200 peers
25

Financial strength1th percentile among SIC peers · 0/25
Employees23th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.11× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 pts

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

Employees3/15 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.

Longevity5/15 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

-£714k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£1.9M

Working capital

Current Assets

£240k

Current Liabilities

£2.1M

Fixed Assets

£1.5M

Debtors

£237k

0avg. employees-6

Tax at Year End(2024)

Corp tax£40k

Balance Sheet

Assets less current liabilities-£438k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.11-£380k
20240.07+£121k
20230.06+£399k
20220.04

Derived from filed accounts. Not audited figures.