SCORPION RIBS LIMITED

1-2 THE BARN OLDWICK WEST STOKE ROAD, LAVANT, CHICHESTER, WEST SUSSEX, PO18 9AA

Company Number: 03177988
Incorporation date: 26-Mar-1996
Status: Active
Entity type: Private Limited Company

SIC codes:
30120 Building of pleasure and sporting boats





SUMMARY

This company is 28 years old and is currently active. It is controlled by Mr Vincent Patrick Byrne. No P&L financials are available but there is Balance Sheet data. The company has positive equity (net assets) of GBP 98.3 thousand which has increased from GBP 56.9 thousand in the previous year. Although the P&L is not published, we can infer from the Balance Sheet that net profit (less dividends) was GBP 41.4 thousand in the last reported period. Retained earnings is negative (GBP -2.6 million), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. The company has 1 active officers (directors or partners) who are or were officers of 14 other companies, 6 (42.9%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 31-Mar-2024
Accounts Filed: TOTAL EXEMPTION FULL (30-Jun-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
No P&L data available


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
30-Jun-2022 GBP 6,041 1,313,047 1,264,167 30,833 2,725,002 -2,626,688 98,314
30-Jun-2021 GBP 6,139 1,408,633 1,389,182 40,833 2,725,002 -2,668,113 56,889
30-Jun-2020 GBP 6,431 1,302,869 1,065,436 2,725,002 -2,463,535 261,467
30-Jun-2019 GBP 1,853 1,250,111 1,025,159 2,725,002 -2,454,004 270,998
30-Jun-2018 GBP 3,280 1,425,643 1,227,227 2,725,002 -2,454,623 270,379
30-Jun-2017 GBP 145,772 680,964 259,022 2,725,002 -2,293,674 431,328
30-Jun-2016 GBP 12,607 547,607 265,745 2,725,002 -2,424,652 300,350
30-Sep-2015 GBP 24,550 566,735 936,265 147,489 1,975,002 -2,463,362 -488,360
30-Sep-2014 GBP 19,964 698,693 540,740 167,295 1,975,002 -1,961,814 13,188
30-Sep-2013 GBP 25,929 679,512 391,931 1,975,002 -1,669,996 305,006
30-Sep-2012 GBP 14,341 549,046 355,039 1,975,002 -1,759,960 215,042
30-Sep-2011 GBP 38,039 483,905 391,382 1,750,002 -1,549,464 200,538

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
30-Jun-2016 GBP 27.52% 750,000 1,975,002 2,725,002 2,405,168
30-Sep-2012 GBP 11.39% 225,000 1,750,002 1,975,002 1,836,312
* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Active Kevin Andrew COPPARD 30 Jun 2016 28 Mar 2024 1 - 0
Resigned Tina PRICE 01 Mar 2013 30 Jun 2016 0 - 1
Resigned Vincent Patrick BYRNE 13 Mar 2008 01 Mar 2013 2 - 19
Resigned Bruce KILPATRICK 07 Feb 2005 13 Mar 2008 0 - 3
Resigned Roger David LYAS 26 Mar 1996 01 Feb 2005 Accountant British 3 - 24

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Vincent Patrick BYRNE 13 Mar 2008 Company Executive British 2 - 1911 (52.4%)
Resigned Ashok BHARDWAJ 26 Mar 1996 26 Mar 1996 1 - 48052141 (44.5%)
Resigned BHARDWAJ CORPORATE SERVICES LIMITED 26 Mar 1996 26 Mar 1996 3 - 44711960 (43.8%)
Resigned Graham JELLEY 26 Mar 1996 01 Apr 2008 Boat Builder British 0 - 21 (50.0%)
Number of active directors: 1
Average tenure of active directors: 16.1 years
Average tenure of resigned directors: 4.0 years
Average active director Dissolution Rate: 52.4%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
WEST WITTERING ESTATE P L C (00508519) - Active
CAKEHAM MANOR ESTATE LIMITED (00520965) - Active
WEBB'S LAND LIMITED (02289495) - Active
LODESTONE IMAGING LIMITED (02338730) - Dissolved
LODESTONE RADIOLOGY LIMITED (02480947) - Dissolved
LODESTONE PATIENT CARE LIMITED (02609976) - Active
COMMUNITY DIAGNOSTICS LIMITED (02844538) - Dissolved
SCORPION RIBS LIMITED (03177988) - Active
LODESTONE MRI LIMITED (03527221) - Dissolved
MIA (UK) (04180386) - Dissolved
PRECINCT ESTATES LIMITED (04547379) - Dissolved
SOUTHERN MOULDINGS LIMITED (04732645) - Dissolved
ERJ ESTATES LIMITED (05552672) - Active
I-TELERAD UK LIMITED (06295126) - Active
ELBRUS MARINE LIMITED (09629196) - Active

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

SCORPION RIBS LIMITED

no controlled companies

LATE PAYMENTS REPORT


This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 30120 Building of pleasure and sporting boats)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
PRINCESS YACHTS LIMITED NEWPORT STREET, STONEHOUSE, PLYMOUTH, DEVON, PL1 3QG 00856633 2017-12-31 274,446,000 10,187,000
PENDENNIS SHIPYARD LIMITED THE DOCKS, FALMOUTH, CORNWALL, TR11 4NR 02990094 2017-12-31 51,121,734 2,969,121
WILLIAMS JET TENDERS LIMITED UNIT 2 VOGUE BUSINESS PARK, TOWER ROAD, BERINSFIELD WALLINGFORD, OXON, OX10 7LN 05227633 2017-12-31 18,878,112 0
RICHARDSONS LEISURE LIMITED RICHARDSONS BOATYARD, THE STAITHE, STALHAM NORWICH, NORFOLK, NR12 9BX 00685774 2017-09-29 12,361,380 2,535,579 55201-Holiday centres and villages
56302-Public houses and bars
93290-Other amusement and recreation activities not elsewhere classified
ROBUST BOATS LIMITED UNIT 1, GLASFRYN ROAD BUSINESS PARK UNIT 1, GLASFRYN ROAD BUSINESS PARK, GLASFRYN ROAD, ST DAVIDS, PEMBROKESHIRE, WALES, SA62 6FH 08138490 2017-07-31 371,890 0
GREAT HAYWOOD MARINE SERVICES LIMITED THE WORKSHOP GREAT HAYWOOD, MARINA MILL LANE, GREAT HAYWOOD, STAFFS, ST18 0RQ 06261322 2018-09-30 238,193 0
YACHT MAYER LIMITED SWITCH ACCOUNTING ENTERPRISE HOUSE, OCEAN WAY, SOUTHAMPTON, ENGLAND, SO14 3XB 10741980 2019-03-31 55,315 0
WESTON CANOES LIMITED MERRYDALE MORTON LANE, WESTON LONGVILLE, NORWICH, UNITED KINGDOM, NR9 5JL 09527833 2019-03-31 47,564 0
BESPOKE CARBON SOLUTIONS LIMITED 2 THE PRECINCT, REST BAY, PORTHCAWL, MID GLAMORGAN, CF36 3RF 09258168 2018-09-30 31,381 0
JOE WRIGHT COMPOSITES LTD 47 TESTWOOD ROAD, SHIRLEY, SOUTHAMPTON, HAMPSHIRE, SO15 8RN 08495486 2018-06-04 20,300 0
M JENNINGS & CO LTD UNIT 2 WESTFIELD COURT, BARNS GROUND, CLEVEDON, NORTH SOMERSET, ENGLAND, BS21 6FQ 07109597 2018-11-13 20,037 0 59113-Television programme production activities
74100-specialised design activities
90030-Artistic creation
WINCHESTER YACHTS LIMITED SULLIVAN COURT 3 WESSEX BUSINESS PARK, WESSEX WAY, COLDEN COMMON, WINCHESTER, HAMPSHIRE, ENGLAND, SO21 1WP 06796606 2019-01-31 10,000 0
YACHT EUROPE LTD 10 FURZE WALK, NORTHAMPTON, UNITED KINGDOM, NN2 7LN 10577060 2018-01-31 7,908 0
DUMA CATAMARANS LIMITED JACKSON HOUSE, PROUT INDUSTRIAL ESTATE, POINT ROAD, CANVEY ISLAND, ESSEX, ENGLAND, SS8 7TJ 09275849 2018-10-31 6,695 0
OTTER BOATS LTD 1 KILDERKIN WAY, NORWICH, ENGLAND, NR1 1RD 04009497 2018-11-30 500 0
MAPLE YACHTS LIMITED THE ORANGERY GREEN LANE, RINGMER, LEWES, EAST SUSSEX, ENGLAND, BN8 5AD 03402977 2018-07-31 0 0
PENDENNIS SHIPYARD (HOLDINGS) LIMITED THE DOCKS, FALMOUTH, CORNWALL, TR11 4NR 02281468 0000-00-00 0 0

LIQUIDATION RISK (BETA)



This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
SCORPION RIBS LIMITED 0.7% 3.8% 7.1% Medium
Other companies Active in the same sector Too few competitors
Age 0.3% 1.3% 2.4% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.5% 2.1% 4.2% Medium
Accounting Month 0.7% 5.7% 7.5% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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