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Watford Refrigeration And Air Conditioning Limited

00457930

active
Private Limited Company
england wales
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

WIGGENHALL INDUSTRIAL ESTATE, WATFORD, WD18 0FT
Incorporated 16/08/1948

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 31/03/2026

Due 14/04/2027

On track

Industry

33200
Installation of industrial machinery and equipment

Officers

Mr Lee Hutchinson

director · Since 06/05/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 3 other boards

Mr Lee Hutchinson

secretary · Since 22/03/2016

Also on 3 other boards

Mr Ian George Thomas Bywater

director · Since 18/02/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 38

Also on 1 other board

Mr Timothy Peter Knight

director · Since 01/07/2025

DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Also on 1 other board

Persons with Significant Control

Wat Ref Holdings Limited

75–100% shares
75–100% votes
Appoint directors

C/O Hillier Hopkins Llp, First Floor, Radius House, Watford, WD17 1HP

Reg: 15968402 · Companies House · Limited By Shares

Notified 31/03/2025

Former PSCs

K & L Holdings Limited

Ceased 31/03/2025

Charges2 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 03/03/2016Registered 22/03/2016
charge
outstanding

BARCLAYS BANK PLC

Created 23/06/1993Registered 01/07/1993
charge
satisfied

BARCLAYS BANK PLC

Created 29/04/1974Registered 03/05/1974Satisfied 23/11/2001
charge
satisfied

BARCLAYS BANK PLC

Created 04/01/1968Registered 10/01/1968Satisfied 23/11/2001
charge
satisfied

BARCLAYS BANK PLC

Created 30/08/1966Registered 06/09/1966Satisfied 23/11/2001
charge
satisfied

BARCLAYS BANK PLC

Created 09/06/1959Registered 16/07/1959Satisfied 23/11/2001
charge
satisfied

BARCLAYS BANK PLC

Created 29/05/1959Registered 03/06/1959Satisfied 23/11/2001

CompanyRankvs 26+ SIC 33200 peers
79

Financial strength96th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.31× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

£1.9M

Balance sheet strength

Cash

£208k

Cash in the bank

Net Current Assets

£1.7M

Working capital

Current Assets

£2.9M

Current Liabilities

£1.3M

Fixed Assets

£446k

Debtors

£2.6M

28avg. employees-1

Tax at Year End

Corp tax£303k

Balance Sheet

Assets less current liabilities£2.1M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20252.31+£96k
20242.35-£166k
20232.69+£547k
20222.36+£604
20213.77

Derived from filed accounts. Not audited figures.