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Watford Refrigeration And Air Conditioning Limited

00457930

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 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

CompanyRankvs 1507+ SIC 33200 peers
57

Financial strength63th percentile among SIC peers · 16/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.86× · 6/20
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 strength16/25 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.

Liquidity6/20 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 31/03/2026

Net Worth

£51k

Balance sheet strength

Cash

£198k

Cash in the bank

Net Current Assets

-£184k

Working capital

Current Assets

£1.1M

Current Liabilities

£1.3M

Fixed Assets

£404k

Debtors

£887k

28avg. employees

Tax at Year End

Corp tax£278k

Balance Sheet

Assets less current liabilities£220k
Prepared with Caseware UK (AP4) 2025.0.111

EstimatesDerived

YearCurrent RatioImplied Profit
20260.86-£1.9M
20252.31+£96k
20242.35-£166k
20232.69—

Derived from filed accounts. Not audited figures.