# PRINCIPLE YACHTS LTD (12547512)

> PRINCIPLE YACHTS LTD is an active private limited company (company number 12547512) incorporated on 6 April 2020, registered in Bournemouth. Its registered activity is repair and maintenance of ships and boats (SIC 33150). Latest micro accounts cover the period ending 30 April 2025, showing net assets of £733, with 1 employee on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 68% on the prior period (£2,259).

- Status: Active
- Incorporated: 2020-04-06
- Registered office: Bournemouth, BH3 7BS
- SIC 33150: Repair and maintenance of ships and boats
- SIC 70229: Management consultancy activities other than financial management
- SIC 71111: Architectural activities
- SIC 71122: Engineering related scientific and technical consulting activities
- Next accounts due: 2027-01-30
- Confirmation statement due: 2027-04-20
- Accounts type: MICRO ENTITY

By net assets it sits in the lower half of 433 comparable companies in Other (median £4,000, upper quartile £52k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-04-30 | £733 | — | — | £500 | — | −£1,026 | 1 |
| 2024-04-30 | £2,259 | — | — | £608 | — | −£3,055 | — |

current ratio 2.47; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £733 at 30 April 2025
- Net assets down 25% or more on the prior period: -67.6% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 2.47
- Incorporated five or more years ago: Incorporated 6 April 2020

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Richard James Pietruszka — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2020-04-06

---
Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/12547512
HTML: https://firmoscan.com/company/12547512-principle-yachts-ltd