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Severn Insulation Co. Limited

01170999

active
ltd
england wales
Companies House
Health Score
70 / 100

Some Concerns

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

Details

Unit 1 Somerton House, South Point, Clos Marion, CF10 4LQ
Incorporated 21/05/1974

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 05/09/2025

Due 19/09/2026

On track

Industry

38220
Treatment and disposal of hazardous waste

Officers

Mr Carl Ernest Waters

director · Since 15/05/1997

FINANCIAL DIRECTOR

BRITISH · WALES · Age 62

Also on 1 other board

Mr Dale Waters

director · Since 15/05/1997

MANAGING DIRECTOR

BRITISH · WALES · Age 54

Also on 1 other board

Mr Carl Ernest Waters

secretary · Since 25/09/2000

BRITISH · WALES · Age 62

Also on 1 other board

Mr Craig Richard Williams

director · Since 19/02/2021

DIRECTOR

BRITISH · WALES · Age 47

Carl Ernest Waters

director · Since 15/05/1997

British · Wales · Age 62

Dale Waters

director · Since 15/05/1997

British · Wales · Age 54

Carl Ernest Waters

secretary · Since 25/09/2000

British

Craig Richard Williams

director · Since 19/02/2021

British · Wales · Age 47

Former

Glyn Waters

director · Resigned 12/03/1998

Joan Elizabeth Pidduck

secretary · Resigned 25/09/2000

Frank Jonathan Pidduck

director · Resigned 25/09/2000

William John Balaam

director · Resigned 28/03/2003

Roger Jeffrey Sellick

director · Resigned 30/05/2014

Mark Edwin Morgan

director · Resigned 14/12/2018

Richard Herdman

director · Resigned 21/12/2018

Persons with Significant Control

Mr Carl Ernest Waters

25–50% shares
25–50% votes
Appoint directors

British · Wales · Age 62

Unit 1 Somerton House, Clos Marion, CF10 4LQ

Notified 07/04/2016

Mr Dale Waters

25–50% shares
25–50% votes
Appoint directors
Significant control

British · Wales · Age 54

Unit 1 Somerton House, Clos Marion, CF10 4LQ

Notified 07/04/2016

Charges6 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 04/11/2005Registered 09/11/2005
charge
outstanding

BARCLAYS BANK PLC

Created 04/11/2005Registered 09/11/2005
charge
outstanding

BARCLAYS BANK PLC

Created 07/02/1994Registered 23/02/1994
charge
outstanding

BARCLAYS BANK PLC

Created 24/06/1985Registered 15/07/1985
charge
outstanding

BARCLAYS BANK PLC

Created 15/06/1984Registered 06/07/1984
charge
outstanding

BARCLAYS BANK PLC

Created 21/01/1975Registered 27/01/1975

Change History

officer appointedWILLIAMS, Craig Richard
2026-06-15
officer appointedWATERS, Carl Ernest
2026-06-15
officer appointedWATERS, Carl Ernest
2026-06-15
officer appointedWATERS, Dale
2026-06-15
statusactive
2026-06-15

Active

typeltd
2026-06-15

Private Limited Company

address line1Unit 1 Somerton House
2026-06-15

UNIT 1 SOMERTON HOUSE

post townClos Marion
2026-06-15

CLOS MARION

CompanyRankvs 20+ SIC 38220 peers
75

Financial strength88th percentile among SIC peers · 22/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 2.39× · 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 strength22/25 pts

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

Employees13/15 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

£2.0M

Balance sheet strength

Cash

£1.2M

Cash in the bank

Net Current Assets

£1.2M

Working capital

Current Assets

£2.1M

Current Liabilities

£878k

Fixed Assets

£869k

Debtors

£901k

28avg. employees-3

Tax at Year End(2024)

Dividends paid£84k

Balance Sheet

Bank loans & overdrafts£21k
Assets less current liabilities£2.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.39+£182k
20242.55+£481k
20232.06+£147k
20222.55-£227k
20212.17+£420k
20201.93+£94k
20191.22-£848k
20171.79

Derived from filed accounts. Not audited figures.