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Marine Industry News Limited

14636695

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

UNITS SF1-2 ENDEAVOUR QUAY, GOSPORT, PO12 1AH
Incorporated 03/02/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

58142
Publishing of consumer and business journals and periodicals

Officers

Mr Michael Anthony Shepherd

director · Since 03/02/2023

DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 2 other boards

Persons with Significant Control

Mr Michael Anthony Shepherd

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

British · England · Age 56

Victoria House, 26 Queen Victoria Street, Reading, RG1 1TG

Notified 03/02/2023

CompanyRankvs 397+ SIC 58142 peers
62

Financial strength82th percentile among SIC peers · 21/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 2.2× · 20/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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397Marine Industry News Limited
72
How is this score calculated?
Financial strength21/25 pts

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

Employees13/15 pts

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

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity3/15 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

Basis of preparation These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. Going concern The directors are not aware of any material uncertainties that may cast significant doubt over the ability of the company to continue trading and have a reasonable expectation that the c

Key FinancialsYear ending 31/03/2025

Net Worth

£73k

Balance sheet strength

Cash

£8k

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

£134k

Current Liabilities

£61k

Debtors

£134k

5avg. employees+1
Signed by 14636695 2024-04-01 2025-03-31 14636695 2025-03-31 14636695 bus:OrdinaryShareClass1 bus:OtherShareType 2025-03-31 146366Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20252.20+£72k
20242.07—

Derived from filed accounts. Not audited figures.