Watercare Ltd
02274888
Some Concerns
- Current liabilities exceed current assets (-10)
- 4 outstanding charges (-8)
Details
Compliance
Last accounts
31/08/2024
total exemption full
Next accounts due
27/08/2026
Confirmation statement
Last: 14/11/2025
Due 28/11/2026
Industry
Officers
director · Since 06/07/1988
DIRECTOR
BRITISH · ENGLAND · Age 80
Also on 2 other boards
Persons with Significant Control
Mr Peter Richard Smith
British · England · Age 80
115, Hampstead Road, London, NW1 3EE
Notified 01/07/2016
Mrs Gillian Judith Smith
British · England · Age 77
115, Hampstead Road, London, NW1 3EE
Notified 01/07/2016
Charges4 outstanding
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CompanyRankvs 2460+ SIC 81299 peers56
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/08/2025
Net Worth
£3k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£116k
Working capital
Current Assets
£304k
Current Liabilities
£420k
Fixed Assets
£236k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.72 | -£189k |
| 2024 | 0.73 | -£41 |
| 2023 | 0.77 | — |
Derived from filed accounts. Not audited figures.