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Aquablast Limited

02210129

active
Private Limited Company
england wales
Companies House
Has been liquidated
Insolvency history
Health Score
66 / 100

Some Concerns

30/30
Filing
20/30
Financial
16/40
Risk
  • Active insolvency proceedings (-20)
  • 2 outstanding charges (-4)

Details

AQUABLAST BUILDING, BECCLES, NR34 7TQ
Incorporated 11/01/1988

Compliance

Last accounts

31/12/2025

total exemption full

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 03/07/2025

Due 17/07/2026

On track

Industry

25620
Machining
77390
Renting and leasing of other machinery, equipment and tangible goods

Officers

Mr Donald Charles Blair

director · Since 05/07/1991

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 78

Also on 4 other boards

Mr Andrew James Watt

director · Since 24/03/1993

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 23 other boards

Mr Andrew James Watt

secretary · Since 05/07/1996

QUALITY MANAGER

BRITISH · ENGLAND · Age 66

Also on 23 other boards

Persons with Significant Control

Mr Andrew James Watt

Significant control

British · England · Age 66

Aquablast Building, Benacre Road, Beccles, NR34 7TQ

Notified 14/07/2016

Charges2 outstanding

charge
outstanding

THE ROYAL BANK OF SCOTLAND PLC

Created 22/10/2008Registered 28/10/2008
charge
outstanding

AQUABLAST HOLDINGS LIMITED

Created 10/12/1998Registered 30/12/1998

Insolvency History1 case

corporate voluntary arrangement

R. Walton (practitioner)

CompanyRankvs 1357+ SIC 25620 peers
34

Financial strength38th percentile among SIC peers · 10/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.11× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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1357Aquablast Limited
54
How is this score calculated?
Financial strength10/25 pts

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

Employees12/15 pts

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

Liquidity2/20 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/12/2025

Net Worth

£14k

Balance sheet strength

Cash

£184

Cash in the bank

Net Current Assets

—

Working capital

Current Assets

£172k

Current Liabilities

£1.6M

Fixed Assets

£102k

Debtors

£134k

12avg. employees
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.11+£0
20250.11—

Derived from filed accounts. Not audited figures.