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Watershed Packaging Limited

02877836

active
Private Limited Company
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)
  • 7 outstanding charges (-10)

Details

WIGTON HEATH, LEEDS, LS17 9JD
Incorporated 06/12/1993

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 16/11/2025

Due 30/11/2026

On track

Industry

32990
Other manufacturing

Officers

Mr John Thomas Waters

director · Since 06/12/1993

COMPANY DIRECTOR

IRISH · ENGLAND · Age 66

Also on 1 other board

Mrs Sumbaline Waters

director · Since 01/12/2001

SECRETARY

BRITISH · ENGLAND · Age 70

Miss Anna Wood

secretary · Since 30/11/2006

BRITISH

Also on 3 other boards

Persons with Significant Control

Mr John Waters

75–100% shares
75–100% votes

Irish · England · Age 66

Wilton Heath Farm, Manor House Lane, Leeds, LS17 9JD

Notified 06/12/2016

Charges7 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 21/09/2022Registered 27/09/2022
Charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 20/07/2022Registered 22/07/2022
Charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 20/07/2022Registered 22/07/2022
Charge
outstanding

HSBC UK BANK PLC

Created 20/07/2022Registered 21/07/2022
Charge
outstanding

HSBC UK BANK PLC

Created 13/05/2022Registered 18/05/2022
Charge
satisfied

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE BANK AND YORKSHIRE BANK)

Created 02/11/2020Registered 02/11/2020Satisfied 26/07/2022
Charge
satisfied

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE AND YORKSHIRE BANK) (COMPANY NUMBER SC001111)

Created 08/06/2018Registered 08/06/2018Satisfied 26/07/2022
Charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 13/05/2015Registered 21/05/2015
Charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 06/02/2015Registered 20/02/2015
charge
satisfied

CLYDESDALE BANK PLC

Created 30/04/2008Registered 08/05/2008Satisfied 07/10/2016
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

Created 23/12/2004Registered 08/01/2005Satisfied 06/05/2014
charge
satisfied

ENTERPRISE FINANCE EUROPE (UK) LTD

Created 05/04/2004Registered 07/04/2004Satisfied 06/05/2014
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

Created 24/08/2000Registered 30/08/2000Satisfied 06/05/2014
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF IRELAND

Created 03/12/1999Registered 11/12/1999Satisfied 06/05/2014

CompanyRankvs 3647+ SIC 32990 peers
65

Financial strength97th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.78× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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3647Watershed Packaging Limited
71
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.

Liquidity6/20 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 31/12/2024

Net Worth

£4.4M

Balance sheet strength

Cash

£136k

Cash in the bank

Net Current Assets

£1.0M

Working capital

Current Assets

£3.6M

Current Liabilities

£4.7M

Fixed Assets

£8.6M

Debtors

£2.1M

49avg. employees

Tax at Year End

Corp tax£11k

Balance Sheet

Intangible assets£3k
Assets less current liabilities£7.5M
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.78+£183k
20230.74+£381k
20211.03+£207k
20201.30—

Derived from filed accounts. Not audited figures.