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Kraken Marine Services Ltd

14764418

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

UNIT 1B ESTUARY COURT, TEIGNMOUTH, TQ14 9FA
Incorporated 28/03/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

50200
Sea and coastal freight water transport

Officers

Mr Julian Colin Northway

director · Since 28/03/2023

MERCHANT SEAMAN

BRITISH · ENGLAND · Age 40

Persons with Significant Control

Mr Julian Colin Northway

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

British · England · Age 40

Unit 1b Estuary Court, Broadmeadow, Teignmouth, TQ14 9FA

Notified 28/03/2023

CompanyRankvs 356+ SIC 50200 peers
73

Financial strength84th percentile among SIC peers · 21/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.19× · 20/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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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.

Employees14/15 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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

£240k

Balance sheet strength

Cash

£31k

Cash in the bank

Net Current Assets

£124k

Working capital

Current Assets

£181k

Current Liabilities

£57k

Fixed Assets

£167k

Debtors

£151k

8avg. employees+7

Balance Sheet

Assets less current liabilities£292k
Signed by 14764418 2024-04-01 2025-03-31 14764418 2025-03-31 14764418 core:HirePurchaseContracts core:CurrentFinancialInstruments Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20253.19-£18k
20243.19

Derived from filed accounts. Not audited figures.