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Lymington Rib Company Ltd

13847233

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

9 BUTTS HILL ROAD, READING, RG5 4NJ
Incorporated 13/01/2022

Compliance

Last accounts

31/01/2025

total exemption full

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 28/01/2026

Due 11/02/2027

On track

Industry

50100
Sea and coastal passenger water transport

Officers

Ashley John Harrison

director · Since 13/01/2022

British

CompanyRankvs 4420+ SIC 50100 peers
23

Financial strength18th percentile among SIC peers · 5/25
Employees44th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.08× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength5/25 pts

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

Employees7/15 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.

Longevity4/15 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

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

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/01/2025

Net Worth

-£20k

Balance sheet strength

Cash

£9k

Cash in the bank

Net Current Assets

-£103k

Working capital

Current Assets

£9k

Current Liabilities

£111k

Fixed Assets

£83k

1avg. employees

Director Loans

Company owes directors£30k

Balance Sheet

Assets less current liabilities-£20k
Signed by Mr. Ashley Harrison 2 September 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.08

Derived from filed accounts. Not audited figures.