SOLENT RIB CHARTERS LIMITED

UNIT 6 DELL BUILDINGS, MILFORD ROAD, LYMINGTON, HANTS, SO41 0ED

Company Number: 04198160
Incorporation date: 11-Apr-2001
Status: Active
Entity type: Private Limited Company

SIC codes:
50100 Sea and coastal passenger water transport

SUMMARY

This company is 23 years old and is currently active. It is controlled by multiple entities. No P&L financials are available but there is Balance Sheet data. The company has positive equity (net assets) of GBP 3.6 million which has increased from GBP 2.9 million 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 654.6 thousand in the last reported period. The company has 2 active officers (directors or partners) who are or were officers of 14 other companies, 3 (21.4%) 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-Dec-2024
Accounts Filed: TOTAL EXEMPTION FULL (31-Mar-2023)

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
31-Mar-2023	GBP	1,096,632	2,367,045	1,351,003		180	154,108	3,417,625	3,571,913
31-Mar-2022	GBP	1,103,296	2,428,196	1,396,445	425,000	180	154,108	2,763,042	2,917,330
31-Mar-2021	GBP	479,473	1,247,767	467,718	500,000	100		2,389,663	2,389,763
31-Mar-2020	GBP	197,487	1,346,382	544,087		100		2,420,171	2,420,271
31-Mar-2019	GBP	154,814	718,086	442,650		100		2,055,942	2,056,042
31-Mar-2018	GBP	7,616	640,078	286,511		100		1,886,285	1,886,385
31-Mar-2017	GBP	65,555	695,269	373,004		100		1,479,736	1,479,836

VALUATION EVENTS (BETA)

Year end	Currency	% Equity	Sum raised	Pre-Money Valuation*	Post-Money Valuation*	Enterprise Value**
31-Mar-2022	GBP	44.44%	154,188	192,735	346,923	-59,056

* 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)
Resigned	Patricia Louise WARD	16 Mar 2004	18 Mar 2016	Teacher	British	0 - 4
Resigned	Andrew Douglas WILKES	11 Apr 2001	16 Mar 2004			1 - 5

DIRECTORS

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All appointments (active/resigned)	Dissolved companies (rate)
Active	Stuart Edward HEDGES	01 Jan 2006		Director	British	5 - 1	1 (16.7%)
Resigned	CHICHESTER DIRECTORS LIMITED	11 Apr 2001	11 Apr 2001			0 - 222	104 (46.8%)
Resigned	Christopher HACKETT	11 Apr 2001	11 Apr 2001			0 - 181	92 (50.8%)
Active	Richard James WARD	11 Apr 2001		Director	British	8 - 7	4 (26.7%)

Number of active directors: 2
Average tenure of active directors: 20.7 years
Average tenure of resigned directors: 0.0 years
Average active director Dissolution Rate: 21.7%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name	Stuart Edward HEDGES	Richard James WARD
MEDEQUIP SUB 8 (00862746) - Dissolved		✔
PARKER BATH LIMITED (00957283) - Dissolved		✔
BEAUFIELD GATE MANAGEMENT COMPANY LIMITED (02407908) - Active		✔
ST BARBE MUSEUM AND ART GALLERY (02793965) - Active		✔
THE ST.BARBE TRADING COMPANY LIMITED (02934921) - Active		✔
SOLENT RIB CHARTERS LIMITED (04198160) - Active	✔	✔
EVENT MANAGEMENT GROUP LIMITED (05001917) - Active	✔	✔
SOLENT EVENTS LIMITED (05073291) - Active	✔	✔
MARINE SERVICES UK LTD (05334928) - Dissolved		✔
SOLENT RIB HIRE LIMITED (05941519) - Active	✔	✔
TEAMBUILDING EVENTS LIMITED (06796758) - Active	✔	✔
ASPIRATIONAL EVENTS LIMITED (07435182) - Dissolved	✔	✔
COMMERCIAL RIB CHARTER LIMITED (13567589) - Active		✔
THAMES RIB CHARTER LIMITED (13567688) - Active		✔
SRC COMBINED HOLDINGS LTD (13849612) - Active		✔

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES

25-50%:Mr Richard James Ward - active
25-50%:Mr Stuart Edward Hedges - active

Controlling entities above

SOLENT RIB CHARTERS LIMITED

Controlled companies below

25-50%:TEAMBUILDING EVENTS LIMITED (06796758 - UK) ceased
- >75%:EVENT MANAGEMENT GROUP LIMITED (05001917 - UK) ceased
- >75%:SOLENT EVENTS LIMITED (05073291 - UK) ceased

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: 50100 Sea and coastal passenger water transport)

Company	Registered Address	Company Number	YE Date	Revenue GBP	Net Profit GBP	Other SIC codes
RCL CRUISES LTD	7, THE HEIGHTS, BROOKLANDS, WEYBRIDGE, SURREY,, BROOKLANDS, WEYBRIDGE, ENGLAND, KT13 0XW	07366612	2017-12-31	2,989,938,000	487,045,000	79110-Travel agency activities
MAGICAL CRUISE COMPANY, LIMITED	3 QUEEN CAROLINE STREET, HAMMERSMITH, LONDON, W6 9PE	03157553	2017-09-30	1,371,592,000	297,261,000
MSC CRUISE MANAGEMENT (UK) LIMITED	5 ROUNDWOOD AVENUE, STOCKLEY PARK, UXBRIDGE, MIDDLESEX, ENGLAND, UB11 1AF	09361148	2017-12-31	1,245,363,000	121,935,000
STENA LINE LIMITED	FIRST FLOOR, 6 ARLINGTON STREET, LONDON, ENGLAND, SW1A 1RE	01402237	2017-12-31	260,200,000	5,600,000
CALMAC FERRIES LIMITED	THE FERRY TERMINAL, GOUROCK, PA19 1QP	SC302282	2018-03-31	206,952,000	4,242,000
FRED. OLSEN CRUISE LINES LIMITED	2ND FLOOR, 36, BROADWAY, LONDON, ENGLAND, SW1H 0BH	02672435	2017-12-31	202,459,000	8,226,000
STENA LINE IRISH SEA FERRIES LIMITED	FIRST FLOOR, 6 ARLINGTON STREET, LONDON, ENGLAND, SW1A 1RE	00247740	2017-12-31	116,026,000	18,584,000
SAGA CRUISES LIMITED	3 PANCRAS SQUARE, LONDON, UNITED KINGDOM, N1C 4AG	03267858	2017-12-31	88,359,000	4,172,000
SOUTHAMPTON ISLE OF WIGHT AND SOUTH OF ENGLAND ROYAL MAIL STEAM PACKET COMPANY LIMITED	12 BUGLE STREET, SOUTHAMPTON, HAMPSHIRE, SO14 2JY	00002404	2017-12-31	51,481,000	14,649,000	50200-Sea and coastal freight water transport
BLUE FUNNEL CRUISES LIMITED	FERRY HOUSE, CANUTE ROAD, SOUTHAMPTON, SO14 3FJ	02850257	2016-09-30	644,507	0
TIGRESS SPORT LIMITED	62 UPHILL WAY, UPHILL, WESTON-SUPER-MARE, AVON, ENGLAND, BS23 4TN	09864580	2019-01-31	144,569	0
WIND ENERGY MARINE LIMITED	COBALT BUSINESS EXCHANGE COBALT PARK WAY, WALLSEND, NEWCASTLE UPON TYNE, NE28 9NZ	10345840	2018-12-31	120,000	0
FLUSHING FERRY LIMITED	COVE FARM, PERRANARWORTHAL, TRURO, ENGLAND, TR3 7NZ	05861381	2018-03-31	65,122	0
CAITHNESS SEACOAST LTD	29 WHITEHOUSE PARK, WICK, CAITHNESS, KW1 4NX	SC291271	2017-12-31	37,574	0
GREEN MARINE TECHNOLOGIES LIMITED	16 TOOK'S COURT, TOOK'S COURT, LONDON, ENGLAND, EC4A 1LB	04090301	2017-10-31	24,000	0
FEARLESS LIMITED	4 BACK STREET, ABBOTSBURY, WEYMOUTH, DORSET, ENGLAND, DT3 4JP	05908903	2018-06-30	11,320	0
EAST LOTHIAN SEA FISHING LTD	11 LIGNIERES WAY, DUNBAR, EAST LOTHIAN, EH42 1FD	SC371381	2018-01-31	8,655	0
SOUTH COAST YACHTING LTD	1 HAWTHORN GRANGE, RAMSGATE, ENGLAND, CT12 5FZ	07595815	2018-04-30	7,644	0
COMMONWEALTH ARGOSY LTD	4 PEMBERTON TERRACE, CAMBRIDGE, ENGLAND, CB2 1JA	08585001	2018-12-31	95	0	56210-Event catering activities 63990-Other information service activities not elsewhere classified 94110-Activities of business and employers membership organizations
CELTIC CRUISES LIMITED	2 THE PRECINCT, REST BAY, PORTHCAWL, WALES, CF36 3RF	04256055	2018-12-31	12	0
BLUE OCEAN ADVENTURES LTD	45 HIGH STREET, HAVERFORDWEST, SA61 2BP	09306954	2018-11-30	0	0
COMMONWEALTH NAVIGATION LTD	4 PEMBERTON TERRACE, CAMBRIDGE, ENGLAND, CB2 1JA	08655657	2018-12-31	0	0
DHARMA MARINE LIMITED	FIRST FLOOR, TEMPLEBACK, 10 TEMPLE BACK, BRISTOL, ENGLAND, BS1 6FL	07976800	2018-03-31	0	0
FINANCE MANAGER SCOTLAND LTD	MERIDIAN HOUSE HATTONBURN, CLYNDER, HELENSBURGH, ARGYLL AND BUTE, G84 0QL	SC265882	2018-04-30	0	0	77341-Renting and leasing of passenger water transport equipment
MARINE AND RISK CONSULTANTS LIMITED	MARICO HOUSE, BRAMSHAW, SOUTHAMPTON, HAMPSHIRE, SO43 7JB	03767859	2018-03-31	0	0	50200-Sea and coastal freight water transport 50300-Inland passenger water transport 50400-Inland freight water transport
MINARD MARINE SURVEYING AND CONSULTING LTD	MINARD COTTAGE SCHOOL ROAD, RHU, HELENSBURGH, UNITED KINGDOM, G84 8RS	SC569064	2019-06-30	0	0	74909-Other professional, scientific and technical activities not elsewhere classified
OCEAN SAILING LIMITED	PORTSMOUTH TECHNOPOLE, KINGSTON CRESCENT, PORTSMOUTH, HAMPSHIRE, PO2 8FA	07474023	2018-12-31	0	0	77341-Renting and leasing of passenger water transport equipment
CITY CRUISES LIMITED	CHERRY GARDEN PIER CHERRY GARDEN STREET, ROTHERHITHE, LONDON, SE16 4TU	00312286	0000-00-00	0	0	50300-Inland passenger water transport
RED FUNNEL LIMITED	12 BUGLE STREET, SOUTHAMPTON, HAMPSHIRE, ENGLAND, SO14 2JY	10823670	0000-00-00	0	0	50200-Sea and coastal freight water transport

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
SOLENT RIB CHARTERS LIMITED	0.7%	3.6%	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	0.5%	1.8%	3.9%	Medium
Sic code count	0.7%	3.5%	7.0%	Medium