# LYME BAY DRIFTER LTD (12828949)

> LYME BAY DRIFTER LTD is an active private limited company (company number 12828949) incorporated on 21 August 2020, registered in Brixham. Its registered activity is marine fishing (SIC 03110). Latest micro accounts cover the period ending 31 August 2025, showing net assets of £343k, with 0 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 38% on the prior period (£248k).

- Status: Active
- Incorporated: 2020-08-21
- Registered office: Brixham, TQ5 8LZ
- SIC 03110: Marine fishing
- Next accounts due: 2027-05-31
- Confirmation statement due: 2027-09-04
- Accounts type: MICRO ENTITY

By net assets it sits in the top quarter of 801 comparable companies in Other (median £4,865, upper quartile £97k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-08-31 | £343k | — | — | £105k | — | — | 0 |
| 2024-08-31 | £248k | — | — | £122k | — | — | 0 |

current ratio 0.04; size band micro.

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

- Net assets above zero: Net assets £342,934 at 31 August 2025
- Net assets up 10% or more on the prior period: +38.5% vs prior period
- Current assets below creditors within one year: Current ratio 0.04
- Incorporated five or more years ago: Incorporated 21 August 2020

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

## Persons with significant control

- Mr Michael John Lyness — owns 75–100% of shares, since 2020-08-21

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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/12828949
HTML: https://firmoscan.com/company/12828949-lyme-bay-drifter-ltd
