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Western Marinas Operations Limited

15594916

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

CARDIFF MARINE VILLAGE, CARDIFF, CF11 8TU
Incorporated 26/03/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

93290
Other amusement and recreation activities

Officers

Mr Andrew Cornish

director · Since 08/07/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 6 other boards

Persons with Significant Control

Western Marinas Limited

75–100% shares

Cardiff Marine Village, Penarth Road, Cardiff, Penarth Road, Cardiff, CF11 8TU

Reg: 15653030 · England & Wales · Limited Company

Notified 18/08/2024

Former PSCs

Mr Paul Martin Barnes

Ceased 18/08/2024

Charges2 outstanding

Charge
outstanding

INDEPENDENT SECURITY TRUSTEE LIMITED

Created 17/08/2024Registered 22/08/2024
Charge
outstanding

TAB LONDON LIMITED

Created 17/08/2024Registered 20/08/2024

CompanyRankvs 11736+ SIC 93290 peers
28

Financial strength2th percentile among SIC peers · 1/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.79× · 6/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 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.

Liquidity6/20 pts

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

Longevity2/15 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 31/03/2025

Net Worth

-£295k

Balance sheet strength

Cash

£494k

Cash in the bank

Net Current Assets

-£363k

Working capital

Current Assets

£1.4M

Current Liabilities

£1.7M

Fixed Assets

£69k

Debtors

£857k

20avg. employees

Balance Sheet

Assets less current liabilities-£295k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.79

Derived from filed accounts. Not audited figures.