{"name":"LATESAIL LIMITED","company_number":"03783328","status":"Active - Proposal to Strike off","type":"Private Limited Company","incorporated":"1999-06-07","dissolved":null,"registered_office":"Camburgh House, 27 New Dover Road, Canterbury, Kent, United Kingdom, CT1 3DN","postcode":"CT1 3DN","sic_codes":[{"code":50100,"description":"Sea and coastal passenger water transport"}],"principal_activity":null,"previous_names":[],"warnings":[],"accounts":{"category":"Small","year_end":"31 December","last_made_up_to":"2024-12-31","next_due":"2026-09-30"},"employees":{"count":2,"accounts_date":"2024-12-31"},"financials":[{"financial_date":"2024-12-31","net_assets":178875,"cash":12113,"average_employees":2},{"financial_date":"2023-12-31","net_assets":185906,"cash":37529,"average_employees":2},{"financial_date":"2022-12-31","net_assets":203649,"cash":76646},{"financial_date":"2021-12-31","net_assets":198481,"cash":30490},{"financial_date":"2020-12-31","net_assets":225458,"cash":29139}],"officers":{"current":1,"resigned":16,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":0,"outstanding":0},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"LATESAIL LIMITED is declined for credit facilities due to its active proposal to strike off status, which indicates the company is being removed from the register and cannot credibly support new obligations. Even setting aside the strike-off, the financial position is deteriorating — cash has fallen 84% since 2018 to just £12,113, the company is operationally dependent on intercompany balances representing 99.7% of debtors, and going concern is explicitly qualified as dependent on parent company support. The entity functions as a group commission-collection shell with no independent revenue generation capacity, negligible tangible assets, and a single remaining director following a recent resignation.","website":"https://www.latesail.com","links":{"page":"https://www.companiesintheuk.co.uk/ltd/latesail","people":"https://www.companiesintheuk.co.uk/company/latesail/people","filing_history":"https://www.companiesintheuk.co.uk/company/latesail/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/03783328","financials":"https://www.companiesintheuk.co.uk/company/latesail/financial","control":"https://www.companiesintheuk.co.uk/company/latesail/control","ai_analysis":"https://www.companiesintheuk.co.uk/company/latesail/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/latesail"}