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WCS FISHING LTD
COOMBE FISHERIES RIVERSIDE ROAD, POTTINGTON BUSINESS PARK, BARNSTAPLE, DEVON, EX31 1QNCompany Number: 07742210
Incorporation date: 16-Aug-2011
Status: Active - Proposal to Strike off
Entity type: Private Limited Company
SIC codes:
03110 Marine fishing
SUMMARY
This company is 12.6 years old and is currently active - proposal to strike off. It is controlled by multiple entities. No P&L financials are available but there is Balance Sheet data. The company has negative equity (net assets) of GBP -1.6 thousand which has worsened since the previous year's figure of GBP 10.4 thousand. Although the P&L is not published, we can infer from the Balance Sheet that net profit (less dividends) was GBP -12 thousand in the last reported period. The company is both loss making and has negative equity, it is therefore likely to go bankrupt unless it can raise funding or business has improved since the last accounts were filed. Retained earnings is negative (GBP -1.8 thousand), 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 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-May-2024Accounts Filed: TOTAL EXEMPTION FULL (31-Aug-2022)
P&L Financials:
Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
---|---|---|---|---|---|---|---|
31-Aug-2019 | GBP | -17,978 | |||||
31-Aug-2018 | GBP | 128,800 | |||||
31-Aug-2017 | GBP | 161,786 |
Balance Sheet Financials:
Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
---|---|---|---|---|---|---|---|---|---|
31-Aug-2022 | GBP | 1,019 | 1,019 | 2,618 | 150 | -1,799 | -1,599 | ||
31-Aug-2021 | GBP | 8,322 | 16,073 | 5,664 | 150 | 10,209 | 10,409 | ||
31-Aug-2020 | GBP | 32,979 | 50,979 | 29,576 | 150 | 21,203 | 21,403 | ||
31-Aug-2019 | GBP | 116,122 | 141,928 | 17,503 | 200 | 244,225 | 244,425 | ||
31-Aug-2018 | GBP | 21,488 | 50,825 | 157,389 | 236,544 | 200 | 262,203 | 262,403 | |
31-Aug-2017 | GBP | 66,612 | 75,520 | 244,967 | 314,763 | 200 | 133,403 | 133,603 | |
31-Aug-2016 | GBP | 33,624 | 302,618 | 392,824 | -28,183 | ||||
31-Aug-2015 | GBP | 5,312 | 15,832 | 123,676 | 588,140 | 200 | -55,043 | -54,843 | |
31-Aug-2014 | GBP | 1,476 | 57,950 | 163,776 | 623,340 | 200 | -91,219 | -91,019 | |
31-Aug-2013 | GBP | 33,295 | 134,050 | 571,223 | 200 | -28,210 | -28,010 | ||
31-Aug-2012 | GBP | 17,616 | 21,103 | 67,364 | 592,311 | 100 | 16,700 | 16,800 |
VALUATION EVENTS (BETA)
Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
---|---|---|---|---|---|---|
31-Aug-2020 | GBP | -33.33% | -50 | 200 | 150 | -74,376 |
31-Aug-2017 | GBP | 100.00% | 200 | 0 | 200 | 320,588 |
31-Aug-2016 | GBP | inf% | -200 | 200 | 0 | 487,926 |
31-Aug-2013 | GBP | 50.00% | 100 | 100 | 200 | 573,109 |
** Estimated based on average Cash and Debt levels during period
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY SECRETARY
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All apointments (active/resigned) |
---|
DIRECTORS
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
---|---|---|---|---|---|---|---|
Resigned | SEABUOY LIMITED | 02 Dec 2016 | 09 Mar 2020 | 0 - 1 | 1 (100.0%) | ||
Resigned? | Richard Alexander Charles SPEAR | 16 Aug 2011 | Company Director | British | 7 - 3 | 2 (20.0%) | |
Resigned? | Anthony David James SPEAR | 16 Aug 2011 | Company Director | British | 4 - 2 | 2 (33.3%) | |
Resigned | Iain John SPEAR | 16 Aug 2011 | 30 Mar 2023 | Company Director | British | 0 - 12 | 3 (25.0%) |
Resigned | Kate MCLEOD | 16 Aug 2011 | 09 Mar 2020 | Company Director | British | 0 - 3 | 1 (33.3%) |
Resigned | Peter MCLEOD | 16 Aug 2011 | 09 Mar 2020 | Company Director | British | 0 - 2 | 1 (50.0%) |
Resigned | Graham Robertson STEPHENS | 16 Aug 2011 | 16 Aug 2011 | Company Formation Agent | British | 0 - 3287 | 1404 (42.7%) |
Resigned | MERMAID TRAWLER COMPANY LIMITED | 16 Aug 2011 | 02 Dec 2016 | 0 - 1 | 1 (100.0%) |
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
No information on directors in other companies.
SHAREHOLDERS (BETA)
No shareholder data available
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
WCS FISHING LTD
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:
03110 Marine fishing)
Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
---|---|---|---|---|---|---|
J. MARR (SEAFOODS) LIMITED | LIVINGSTONE ROAD, HESSLE, EAST YORKSHIRE, HU13 0EE | 00199160 | 2018-03-31 | 370,755,000 | 5,936,000 | |
FASTNET FISH LIMITED | LIVINGSTONE ROAD, HESSLE, HULL, EAST YORKSHIRE, HU13 0EE | 02091078 | 2018-03-31 | 133,783,000 | 1,649,000 | |
BASONAS LIMITED | VIEWLANDS, COLDHARBOUR, DORKING, SURREY, RH5 6HJ | 04963678 | 2017-12-31 | 3,074,283 | 0 | |
UNITED EXPORTS LTD | VIEWLANDS BROOMEHALL ROAD, COLDHARBOUR, DORKING, SURREY, RH5 6HJ | 04898733 | 2017-12-31 | 1,599,250 | 0 | |
D. I. LAMONT & CO. LTD | ROCKCLIFFE, EAST BAY, MALLAIG, INVERNESS-SHIRE, SCOTLAND, PH41 4QF | SC427893 | 2018-06-30 | 1,313,764 | 0 |
82990-Other business support service activities not elsewhere classified |
PRICE TRAWLERS NI LTD | SUITE 5 ORMEAU HOUSE, 91-97 ORMEAU ROAD, BELFAST, NORTHERN IRELAND, BT7 1SH | NI635566 | 2018-03-31 | 388,457 | 0 | |
MFV DAWN MAID LIMITED | 8A BALISCATE, TOBERMORY, ISLE OF MULL, PA75 6QA | SC382336 | 2017-07-31 | 367,533 | 0 | |
DAVEY SEAFISH LIMITED | 16 ROSE WALK, GORING-BY-SEA, WORTHING, WEST SUSSEX, BN12 4AU | 07779600 | 2018-05-31 | 342,371 | 0 | |
POLPERRO FISH COMPANY LIMITED | WARREN HOUSE THE WARREN, POLPERRO, LOOE, CORNWALL, PL13 2RB | 07838205 | 2018-12-31 | 220,268 | 0 | |
OUR LASS FISHING LIMITED | ROSEBANK THE AVENUE, RUSWARP, WHITBY, N YORKS, UNITED KINGDOM, YO21 1NG | 10793001 | 2019-05-29 | 161,371 | 0 | |
M W S FISHING LTD | 74A HIGH STREET WANSTEAD, LONDON, E11 2RJ | 08570319 | 2018-06-30 | 102,042 | 0 | |
SEA BREEZE (SOLENT) LIMITED | BRITANNIA ACCOUNTANCY & TAX SERVICES LTD, A66 & A69, THE SANDERSON CENTRE LEES LANE, GOSPORT, HAMPSHIRE, PO12 3UL | 06295017 | 2018-03-31 | 61,323 | 0 | |
STEVEN GRIFFITHS LTD | 29 GLYNDERWEN ROAD, LLANELLI, WALES, SA14 9NF | 07039507 | 2018-10-31 | 57,721 | 0 | |
FAIRCATCH LTD | 80 GERALDINE ROAD, GERALDINE ROAD, LONDON, SW18 2NL | 09101022 | 2018-06-30 | 11,520 | 0 | |
ASC MARINE LTD | 1 LUDI, BRIDGE END, BURRA ISLE, SHETLAND, SCOTLAND, ZE2 9LD | SC520478 | 2018-11-30 | 8,892 | 0 |
50100-Sea and coastal passenger water transport 52220-Service activities incidental to water transportation |
HEADLAND SMALL BOATS LIMITED | 4 KESTEVEN ROAD, HARTLEPOOL, TS25 2NT | 03577001 | 2018-06-30 | 5,050 | 0 | |
B&W FISHING LIMITED | CALEY FISHERIES LIMITED, SOUTH PIER, GALLANACH ROAD, OBAN, ARGYLL, PA34 4LS | SC356536 | 2018-03-31 | 0 | 0 | |
FISH TRADER LIMITED | 13 COLDSTONE AVENUE, KINGSWELLS, ABERDEEN, AB15 8TT | SC202651 | 2017-12-31 | 0 | 0 | |
GENESIS TRAWLER LIMITED | 28 WILTON ROAD, BEXHILL-ON-SEA, EAST SUSSEX, TN40 1EZ | 05383268 | 2018-03-31 | 0 | 0 | |
CALEY FISHERIES LIMITED | 5-8 BRIDGE STREET, PETERHEAD, SCOTLAND, AB42 1DH | SC019185 | 0000-00-00 | 0 | 0 | |
OCEAN HOLDINGS SOUTH WEST LTD | UNITS 2A/2B VICTORIA BUSINESS PARK, ROCHE, ST. AUSTELL, CORNWALL, UNITED KINGDOM, PL26 8LX | 11504396 | 0000-00-00 | 0 | 0 |
10200-Processing and preserving of fish, crustaceans and molluscs 46380-Wholesale of other food, including fish, crustaceans and molluscs 64201-Activities of agricultural holding companies |
TYLER FISHING COMPANY LTD. | GOLDWELLS LTD, 37 BROAD STREET, PETERHEAD, ABERDEENSHIRE, AB42 1JB | SC259498 | 0000-00-00 | 0 | 0 | |
VISTGATE LIMITED | UNIT 2A/2B VICTORIA BUSINESS PARK, ROCHE, ST. AUSTELL, ENGLAND, PL26 8LX | 01478179 | 0000-00-00 | 0 | 0 |
10200-Processing and preserving of fish, crustaceans and molluscs 46380-Wholesale of other food, including fish, crustaceans and molluscs |
LIQUIDATION RISK (BETA)
This company is Active - Proposal to Strike off. Statistically, such companies have a VERY HIGH 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 |
---|---|---|---|---|
Company status | 71.1% | 73.9% | 76.8% | High |
Other companies Active in the same sector | 0.6% | 2.6% | 3.8% | Medium |
Age | 0.4% | 1.7% | 3.3% | Medium |
Company Type | 0.7% | 3.7% | 7.4% | Medium |
Accounts category | 0.5% | 2.1% | 4.2% | Medium |
Accounting Month | 1.1% | 4.7% | 11.8% | Medium |
Sic code count | 0.7% | 3.5% | 7.0% | Medium |