Plain Sailing Ltd
13236726
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/03/2021
DIRECTOR
ENGLISH · ENGLAND · Age 55
Also on 4 other boards
Persons with Significant Control
Andrew James Catlow
British · England · Age 55
114-116 Oxford Road, Oxford Road, High Wycombe, HP11 2DN
Notified 01/03/2021
Charges1 outstanding
THE MORTGAGE LENDER LIMITED
CompanyRankvs 80142+ SIC 68320 peers18
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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
Outstanding charges: -10 pts
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
-£17k
Balance sheet strength
Cash
£3k
Cash in the bank
Net Current Assets
-£193k
Working capital
Current Assets
£18k
Current Liabilities
£211k
Fixed Assets
£470k
Debtors
£15k
Profit After Tax
-£16k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.08 | -£16k |
| 2024 | 0.09 | -£12k |
| 2023 | 0.10 | -£6k |
| 2022 | 0.13 | — |
Derived from filed accounts. Not audited figures.