Island Chain & Yacht Supplies Limited
ISLAND CHAIN & YACHT SUPPLIES LIMITED·Company no. 08684020·United Kingdom
The Firmwatch take
Island Chain & Yacht Supplies Limited (08684020) currently shows: At risk signal detected, based on accounts to 30 September 2024; last refreshed 24 May 2026. Net liabilities of £17k — assets do not cover obligations.
Companies House source·Accounts to 30 Sept 2024·Refreshed 24 May 2026·Methodology and caveats
Firmwatch signals are generated from public filings and are not credit ratings or financial advice.
Incorporated
10 September 2013
12 years on the register
Sector
Retail trade
SIC 47640 · matched to division
Size
Not classified
Net assets
−£17k
Bottom 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Insolvency risk
High insolvency risk
The latest public accounts show multiple stress signals. Treat this as a prompt for deeper checks, not as a formal insolvency prediction.
Negative net assets
Visible liabilities exceed visible assets in the extracted accounts.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Current ratio below 1.0
Current assets are below current liabilities.
Money
What the balance sheet says
Net assets
−£17k
Bottom 10% in sector · sector median £847 · 137,205 retailers
Cash
Not disclosed
Working cap.
−£22k
Median £3k
Current ratio
0.8×
Median 1.1×
Signals · 4
Negative net assets
The latest filed accounts show liabilities exceeding assets.
Negative working capital
Current liabilities exceed current assets in the extracted accounts.
Current ratio below 1.0
Current assets are lower than current liabilities in the extracted accounts.
Sector benchmark · Retail
How this company compares in 137,205 retailers
Bottom 10% in sector — Island Chain & Yacht Supplies Limited shows −£17k in net assets. Sector median is £847.
Sector medians are computed annually across all UK companies in this broad sector. Position is approximate — see the Money tab for the full balance sheet.
People
Who runs this company
- PJ
PREECE, John William George
director · since 2013
Registered office
Address intelligence
3 other companies registered here.
Likely a privately owned office or residential address.
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.