Company Overview
Waveney Sailability is listed at the official companies registry as Active Private Limited Company By Guarantee Without Share Capital, Use Of 'Limited' Exemption. The company was incorporated on Tuesday 03 May 2005, so this is a well established company. Waveney Sailability has been in business for 20 years and 10 months. The accounts status is total exemption full and the accounts are next due on Wednesday 30 September 2026.
Registered Address

5 Velda Close, Lowestoft, NR33 9JH
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Companies House Data
Company NameWAVENEY SAILABILITY
Company Number05441492
Registered Office Address5 Velda Close
 NR33 9JH
Company CategoryPrivate Limited Company By Guarantee Without Share Capital, Use Of 'Limited' Exemption
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date03/05/2005
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2026
Accounts Last Made Up Date31/12/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date31/05/2017
Returns Last Made Up Date03/05/2016
Directors & Members
Show Resigned
Christopher Addison - Director
(British, 81 years old, born January 1945)
Appointed 03 April 2025
Active
Jonathan Blankley - Director
(British, 60 years old, born December 1966)
Appointed 09 November 2011
Active
Christopher Larke - Director
(British, 77 years old, born December 1949)
Appointed 21 March 2022
Active
Richard Morling - Director
(British, 89 years old, born May 1937)
Appointed 03 May 2005
Active
Anthony Robinson - Director
(British, 84 years old, born December 1942)
Appointed 31 March 2014
Active
Jacqueline Soards - Director
(British, 82 years old, born October 1944)
Appointed 18 November 2008
Active
Margaret Wright - Director
(British, 75 years old, born December 1951)
Appointed 27 March 2023
Active
Secretaries
Show Resigned
Other Company Directorships
Christopher Addison
ADDISON DECORATIONS LIMITED
MONOSAFE LIMITED
Jonathan Blankley
No companies found
Christopher Larke
No companies found
Richard Morling
MORLINGS LIMITED
Anthony Robinson
No companies found
Jacqueline Soards
No companies found
Margaret Wright
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2019 31-Dec-2018
Balance Sheet
Fixed Assets 86,002 86,002 89,661
Current Assets 37,380 37,380 32,614
Creditors Due Within One Year 540 540 7,432
Working Cap 36,840 36,840 25,182
Total Assets Less Current Liabilities 122,842 122,842 114,843
Long-term Liabilities 0 0 0
Net Assets 122,842 122,842 114,843
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 122,842 122,842 114,843
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2019 31-Dec-2018
Tangible Fixed Assets - - -
Fixed Assets 69.7% 69.7% 73.3%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 30.3% 30.3% 26.7%
Creditors Due Within One Year 0.4% 0.4% 6.1%
Net Current Assets Liabilities 29.9% 29.9% 20.6%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 99.6% 99.6% 93.9%
Capital Employed - - -
Total Assets Less Current Liabilities 99.6% 99.6% 93.9%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2019 31-Dec-2018
Liquidity Ratio 69.2 69.2 4.4
Solvency Ratio 228.5 228.5 16.5
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2019 31-Dec-2018
Assets 123,382 123,382 122,275
Debt 540 540 7,432
Net Assets/Debt 122,842 122,842 114,843

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due
Paid After
30 days due
Owing Before
30 days due
Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.

Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around NR33 9JH
DRONE SURVEY GROUP LIMITED
27 Kirkley Park Road, Lowestoft, Suffolk, NR33 9JH
Document Filings
Notification of a person with significant control statement
Confirmation statement made on 3 May 2025 with no updates
Appointment of Mr Christopher Frederick Addison as a director on 3 April 2025
Cessation of Jacqueline Margaery Soards as a person with significant control on 14 May 2025
Cessation of Margaret Wright as a person with significant control on 14 May 2025
Cessation of Anthony Hugh Robinson as a person with significant control on 14 May 2025
Cessation of Christopher Larke as a person with significant control on 14 May 2025
Cessation of Richard Hugh Morling as a person with significant control on 14 May 2025
Cessation of Jonathan Roger Blankley as a person with significant control on 14 May 2025
Termination of appointment of John Philip Davis as a director on 1 July 2024
Cessation of John Philip Davis as a person with significant control on 1 July 2024
Confirmation statement made on 3 May 2024 with no updates
Confirmation statement made on 3 May 2023 with no updates
Notification of Margaret Wright as a person with significant control on 27 March 2023
Appointment of Ms Margaret Wright as a director on 27 March 2023
Termination of appointment of Christopher Frederick Addison as a director on 27 March 2023
Cessation of Christopher Frederick Addison as a person with significant control on 27 March 2023
Registered office address changed from , 9 Quay View Business Park, Barnards Way, Lowestoft, Suffolk, NR32 2HD to 5 Velda Close Lowestoft NR33 9JH on 27 October 2022
Confirmation statement made on 3 May 2022 with no updates
Notification of Christopher Larke as a person with significant control on 21 March 2022
Appointment of Mr Christopher Larke as a director on 21 March 2022
Termination of appointment of Sally Green as a director on 21 March 2022

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