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Westward Sails Ltd

13772595

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

3 BUCKLAND HOUSE, PLYMOUTH, PL6 5WR
Incorporated 30/11/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Charles Edward Ronald Harding

director · Since 30/11/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Also on 11 other boards

Mr Chris James Lock

director · Since 30/11/2021

SHOP MANAGER

BRITISH · UNITED KINGDOM · Age 37

Also on 2 other boards

Miss Sarah Jane Lock

director · Since 30/11/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Also on 19 other boards

Miss Katelyn Louise Mckane

director · Since 30/11/2021

SHOP MANAGER

BRITISH · UNITED KINGDOM · Age 30

Also on 2 other boards

Persons with Significant Control

Lock Plymouth Ltd

75–100% votes
Appoint directors

3, Buckland House, Plymouth, PL6 5WR

Reg: 12072446 · Companies House · Limited

Notified 30/11/2021

Charges2 outstanding

Charge
outstanding

CAMBRIDGE & COUNTIES BANK LIMITED

Created 14/11/2024Registered 19/11/2024
Charge
outstanding

CAMBRIDGE & COUNTIES BANK LIMITED

Created 14/11/2024Registered 18/11/2024
Charge
satisfied

THE CO-OPERATIVE BANK PLC

Created 15/09/2023Registered 19/09/2023Satisfied 15/11/2024
Charge
satisfied

THE CO-OPERATIVE BANK PLC

Created 15/09/2023Registered 19/09/2023Satisfied 15/11/2024

CompanyRankvs 304765+ SIC 68209 peers
15

Financial strength12th percentile among SIC peers · 3/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees0/15 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/05/2025

Net Worth

-£14k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£385k

Working capital

Current Assets

£12k

Current Liabilities

£404k

Fixed Assets

£372k

Balance Sheet

Assets less current liabilities-£13k
Signed by Miss Sarah Lock 26/02/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.03+£0
20250.03-£3k
20240.03

Derived from filed accounts. Not audited figures.