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Classic Motor Yachts Limited

13587863

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

1007 LONDON ROAD, LEIGH-ON-SEA, SS9 3JY
Incorporated 26/08/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

33150
Repair and maintenance of ships and boats

Officers

Mr Ian Stoneham Lindsay

director · Since 26/08/2021

INTERIOR DESIGNER

BRITISH · ENGLAND · Age 71

Cobat Secretarial Services Limited

secretary · Since 03/02/2023

Also on 137 other boards

Persons with Significant Control

Mr Ian Stoneham Lindsay

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

British · England · Age 71

1007, London Road, Leigh-On-Sea, SS9 3JY

Notified 26/08/2021

CompanyRankvs 1586+ SIC 33150 peers
34

Financial strength11th percentile among SIC peers · 3/25
Employees34th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.97× · 6/20
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 strength3/25 pts

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

Employees5/15 pts

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

Liquidity6/20 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 31/08/2024

Net Worth

-£8k

Balance sheet strength

Cash

£57k

Cash in the bank

Net Current Assets

-£8k

Working capital

Current Assets

£253k

Current Liabilities

£261k

Debtors

-£18k

1avg. employees

Balance Sheet

Assets less current liabilities-£8k
Signed by Mr Ian Lindsay 29/05/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.97-£2k
20230.96-£200
20220.94

Derived from filed accounts. Not audited figures.