Company Overview
Premier Sailing Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Saturday 28 May 2016, so this is a well established company. Premier Sailing Ltd has been in business for 9 years and 10 months. The accounts status is micro entity and the accounts are next due on Saturday 28 February 2026.
Registered Address

Shipways Yard, North Street, Maldon, CM9 5HQ
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Companies House Data
Company NamePREMIER SAILING LTD
Company Number10204980
Registered Office AddressShipways Yard
 North Street
 CM9 5HQ
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date28/05/2016
Accounting Reference Date Day31
Accounting Reference Date Month5
Accounts Next Due Date28/02/2026
Accounts Last Made Up Date31/05/2024
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date25/06/2017
Directors & Members
Show Resigned
Colin Stracey - Director
(United Kingdom, 70 years old, born January 1956)
Appointed 28 May 2016
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Colin Stracey
COLIN STRACEY SAILING LLP
MERCHANT SEAMEN'S WAR MEMORIAL SOCIETY (INCORPORATED)(THE)
PREMIER SAILING HOLIDAYS LTD
Balance Sheet Unlock full report
Accounts Date 31-May-2024 31-May-2022 31-May-2021
Balance Sheet
Fixed Assets 101,211 101,211 120,995
Current Assets 66,167 66,167 94,413
Creditors Due Within One Year 29,761 29,761 6,302
Working Cap 36,406 36,406 88,111
Total Assets Less Current Liabilities 137,617 137,617 209,106
Long-term Liabilities 137,417 137,417 208,906
Net Assets 200 200 200
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 200 200 200
Common Size Financial Analysis Unlock full report
Accounts Date 31-May-2024 31-May-2022 31-May-2021
Tangible Fixed Assets - - -
Fixed Assets 60.5% 60.5% 56.2%
Stocks Inventory - - -
Debtors 20.4% 20.4% 4.7%
Cash Bank In Hand 19.1% 19.1% 39.2%
Current Assets 39.5% 39.5% 43.8%
Creditors Due Within One Year 17.8% 17.8% 2.9%
Net Current Assets Liabilities 21.8% 21.8% 40.9%
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 0.1% 0.1% 0.1%
Capital Employed - - -
Total Assets Less Current Liabilities 82.2% 82.2% 97.1%
Financial Ratio Analysis Unlock full report
Accounts Date 31-May-2024 31-May-2022 31-May-2021
Liquidity Ratio 2.2 2.2 15.0
Solvency Ratio 1.0 1.0 1.0
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-May-2024 31-May-2022 31-May-2021
Assets 167,378 167,378 215,408
Debt 167,178 167,178 215,208
Net Assets/Debt 200 200 200

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 has some deficiency. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a slender margin of cover over total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

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 has some deficiency. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a slender margin of cover over total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   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 has some deficiency. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a slender margin of cover over total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

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 CM9 5HQ
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SHIPWAYS YARD, NORTH STREET, MALDON, CM9 5HQ
SHIPWAYS BOAT YARD LIMITED
SHIPWAYS YARD, NORTH STREET, MALDON, ESSEX, CM9 5HQ
BOND DISTRIBUTION LIMITED
46 HULLBRIDGE ROAD, SOUTH WOODHAM FERRERS, CHELMSFORD, CM9 5HQ
Document Filings
Previous accounting period shortened from 31 May 2026 to 31 January 2026
Registered office address changed from Shipways Yard North Street Maldon CM9 5HQ England to Suite 2, Aquarium 101 Lower Anchor Street Chelmsford Essex CM2 0AU on 22 October 2025
Termination of appointment of Janet Stracey as a director on 22 October 2025
Confirmation statement made on 8 August 2025 with no updates
Notification of Janet Stracey as a person with significant control on 2 September 2025
Cessation of Janet Stracey as a person with significant control on 2 September 2025
Confirmation statement made on 8 August 2024 with no updates
Confirmation statement made on 8 August 2023 with no updates
Confirmation statement made on 8 August 2022 with no updates
Registered office address changed from Fambridge Yacht Haven Church Road North Fambridge Essex CM3 6UL England to Shipways Yard North Street Maldon CM9 5HQ on 13 January 2022
Confirmation statement made on 8 August 2021 with updates
Statement of capital following an allotment of shares on 8 February 2021
Sub-division of shares on 18 August 2020
Confirmation statement made on 8 August 2020 with no updates
Confirmation statement made on 8 August 2019 with no updates
Confirmation statement made on 8 August 2018 with updates
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