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Alga (Seaweed) Limited

13746663

active
Private Limited Company
wales
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

5 ISMYRDDIN, CARMARTHEN, SA31 2JE
Incorporated 16/11/2021

Compliance

Last accounts

30/11/2024

micro entity

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 15/11/2025

Due 29/11/2026

On track

Industry

03210
Marine aquaculture
10390
Other processing and preserving of fruit and vegetables

Officers

Ms Ann Denise Ruddy

director · Since 16/11/2021

COMPANY DIRECTOR

IRISH · WALES · Age 66

Persons with Significant Control

Ms Ann Denise Ruddy

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

Irish · Wales · Age 66

5, Ismyrddin, Carmarthen, SA31 2JE

Notified 16/11/2021

CompanyRankvs 255+ SIC 03210 peers
29

Financial strength13th percentile among SIC peers · 3/25
Employees26th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.4× · 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 strength3/25 pts

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

Employees4/15 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 30/11/2024

Net Worth

-£16k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£30k

Working capital

Current Assets

£20k

Current Liabilities

£51k

Fixed Assets

£14k

0avg. employees-1

Balance Sheet

Assets less current liabilities-£16k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.40-£10k
20230.26-£10k
20220.00

Derived from filed accounts. Not audited figures.