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Watergates Ltd

03768376

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

WATERGATES BUILDING, LEICESTER, LE5 4LE
Incorporated 12/05/1999

Compliance

Last accounts

30/11/2024

unaudited abridged

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 12/05/2025

Due 26/05/2026

On track

Industry

62090
Other information technology service activities
69201
Accounting and auditing activities
70229
Management consultancy activities

Officers

Mr Farook Ahmed Chaka

secretary · Since 01/06/2002

BRITISH · ENGLAND · Age 59

Also on 47 other boards

Mr Nazir Harun Malida

director · Since 01/06/2002

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 57

Also on 6 other boards

Mr Farook Ahmed Chaka

director · Since 13/12/2013

ACCOUNTANT

BRITISH · ENGLAND · Age 59

Also on 47 other boards

Persons with Significant Control

Mr Nazir Harun Malida

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 57

Watergates Building, 109 Coleman Road, Leicester, LE5 4LE

Notified 06/04/2016

Mr Farook Ahmed Chaka

25–50% shares
25–50% votes

British · England · Age 59

109 Coleman Road, Leicester, LE5 4LE

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

GATEWAY TRUSTEES LIMITED, FAROOK CHAKA AND NAZIR MALIDA (FOR WATERGATES LTD RETIREMENT BENEFIT

Created 01/02/2018Registered 21/02/2018
Charge
outstanding

THE TRUSTEES OF THE OPIMUS LIMITED SELF ADMINISTERED PENSION SCHEME

Created 12/09/2013Registered 25/09/2013

CompanyRankvs 368+ SIC 62090 peers
79

Financial strength97th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 4.61× · 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 30/11/2024

Net Worth

£1.2M

Balance sheet strength

Cash

£57k

Cash in the bank

Net Current Assets

£1.4M

Working capital

Current Assets

£1.7M

Current Liabilities

£375k

Fixed Assets

£17k

Debtors

£1.5M

35avg. employees

Balance Sheet

Assets less current liabilities£1.4M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20244.61+£159k
20234.12+£159k
20223.69+£290k
20212.53+£145k
20202.88+£214k
20192.90+£62k
20182.28—

Derived from filed accounts. Not audited figures.