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Watertite Heating Limited

02335007

active
Private Limited Company
england wales
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

WESSEX HOUSE, SHAFTESBURY, SP7 8PJ
Incorporated 13/01/1989

Compliance

Last accounts

31/12/2024

audit exemption subsidiary

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 13/01/2026

Due 27/01/2027

On track

Industry

43220
Plumbing, heat and air-conditioning installation

Officers

Mr Charles Richard Lowe

director · Since 30/11/2023

DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 61 other boards

Mr William Paul Shaw Scott

director · Since 30/11/2023

DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 4 other boards

Miss Donna Louise Harry

director · Since 20/01/2025

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 5 other boards

Alistair Morgan

director · Since 20/01/2025

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 2 other boards

Persons with Significant Control

Andwis Group Limited

75–100% shares
75–100% votes
Appoint directors

Suite 2, Lower Ground Floor, Depot Point, London, WC1X 9BP

Reg: 14276678 · Companies House · Private Limited Company

Notified 30/11/2023

Former PSCs

Mr Jon Darren Wintersgill

Ceased 30/11/2023

Mr Marcus Neil Rowswell

Ceased 07/04/2017

Mrs Sandra Wintersgill

Ceased 15/09/2023

Charges1 outstanding

Charge
outstanding

ARES MANAGEMENT LIMITED AS SECURITY AGENT

Created 13/11/2024Registered 15/11/2024
Charge
satisfied

ALTER DOMUS TRUSTEES (UK) LIMITED AS SECURITY AGENT FOR THE SENIOR SECURED PARTIES (AS DEFINED

Created 14/06/2024Registered 17/06/2024Satisfied 25/11/2024
Charge
satisfied

GABLE INSURANCE AG

Created 05/03/2015Registered 09/03/2015Satisfied 25/06/2016
Charge
satisfied

GABLE INSURANCE AG

Created 05/03/2015Registered 09/03/2015Satisfied 16/04/2016
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 15/08/1996Registered 20/08/1996Satisfied 20/10/2023
charge
satisfied

ABBOTSDALE HOMES LIMITED

Created 16/01/1995Registered 24/01/1995Satisfied 15/05/2023

CompanyRankvs 51+ SIC 43220 peers
80

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.12× · 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 strength25/25 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 31/07/2023

Net Worth

£1.8M

Balance sheet strength

Cash

£1.6M

Cash in the bank

Net Current Assets

£1.8M

Working capital

Current Assets

£3.4M

Current Liabilities

£1.6M

Fixed Assets

£67k

Debtors

£1.8M

51avg. employees

Tax at Year End

Corp tax£339k

Balance Sheet

Assets less current liabilities£1.9M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20232.12+£423k
20222.05+£224k
20212.00+£272k
20208.42+£49k
20191.69

Derived from filed accounts. Not audited figures.