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Waterseal (Waterbar & Sealants) Limited

01497596

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

1 WESTON COURT ELLERBECK WAY, STOKESLEY, TS9 5GA
Incorporated 20/05/1980

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43999
Specialised construction activities

Officers

Mr Grant James Weston

director · Since 01/04/1998

ENGINEER

BRITISH · ENGLAND · Age 54

Also on 3 other boards

Mr Guy Lapique Weston

director · Since 01/04/1998

CONTRACTS MANAGER

BRITISH · ENGLAND · Age 57

Persons with Significant Control

Waterseal Holdings Limited

75–100% shares
75–100% votes

1, Ellerbeck Way, Middlesbrough, TS9 5JZ

Reg: 07733157 · England And Wales · Private Company Limited By Shares

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 23/08/2007Registered 29/08/2007
charge
satisfied

HSBC BANK PLC

Created 03/06/2005Registered 04/06/2005Satisfied 13/12/2007
charge
satisfied

BARCLAYS BANK PLC

Created 11/06/1996Registered 17/06/1996Satisfied 07/11/2006

CompanyRankvs 326+ SIC 43999 peers
79

Financial strength97th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.04× · 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 31/08/2024

Net Worth

£1.4M

Balance sheet strength

Cash

£504k

Cash in the bank

Net Current Assets

£1.4M

Working capital

Current Assets

£2.8M

Current Liabilities

£1.4M

Fixed Assets

£888k

Debtors

£559k

43avg. employees-2

Tax at Year End

Corp tax£83k

Balance Sheet

Assets less current liabilities£2.3M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20242.04+£346k
20231.66+£200k
20221.83+£49k
20211.94+£109k
20202.37

Derived from filed accounts. Not audited figures.