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Milford Waterfront Resort Limited

13173481

active
Private Limited Company
Companies House
Health Score
59 / 100

Notable Risks

25/30
Filing
0/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

MILFORD HAVEN PORT AUTHORITY GORSEWOOD DRIVE, MILFORD HAVEN, SA73 3EP
Incorporated 02/02/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

55100
Hotels and similar accommodation
56101
Licensed restaurants
56102
Unlicensed restaurants and cafes
56103
Take-away food shops and mobile food stands

Officers

Mr Jonathan Barry Chitty

director · Since 02/02/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Mr Richard Nankivell Sawyer

director · Since 19/04/2022

CHIEF EXECUTIVE OFFICER

BRITISH · WALES · Age 60

Also on 5 other boards

Mr Richard Michael Ryan

director · Since 27/01/2023

HARBOURMASTER

BRITISH · WALES · Age 60

Also on 5 other boards

Persons with Significant Control

Milford Haven Port Authority

75–100% shares
75–100% votes
Appoint directors

Gorsewood Drive, Hakin, Milford Haven

Notified 08/02/2021

Former PSCs

Mr Jonathan Barry Chitty

Ceased 08/02/2021

Charges3 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 22/01/2026Registered 27/01/2026
Charge
outstanding

HSBC UK BANK PLC

Created 26/05/2023Registered 02/06/2023
Charge
outstanding

HSBC UK BANK PLC

Created 07/03/2022Registered 14/03/2022

CompanyRankvs 8520+ SIC 55100 peers
16

Financial strength1th percentile among SIC peers · 0/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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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.

Employees14/15 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.

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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/12/2024

Net Worth

-£3.1M

Balance sheet strength

Cash

£1.1M

Cash in the bank

Profit Before Tax

-£1.0M

Bottom line earnings

Net Current Assets

-£51.2M

Working capital

Current Assets

£1.6M

Current Liabilities

£52.8M

Fixed Assets

£50.1M

Debtors

£340k

Cost of Sales

£2.7M

Admin Expenses

£1.5M

Profit After Tax

-£977k

33avg. employees+33

Balance Sheet

Intangible assets£3.0M
Assets less current liabilities-£1.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20240.03
20212.10

Derived from filed accounts. Not audited figures.