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Waterstons Limited

03818424

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

LIDDON COURT, DURHAM, DH1 5TS
Incorporated 03/08/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
62020
Information technology consultancy activities
62030
Computer facilities management activities
62090
Other information technology service activities

Officers

Mr Ajaib Singh

director · Since 26/08/1999

PROJECTS DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 1 other board

Mr Robert Michael Waterston

director · Since 26/08/1999

CHAIRMAN

BRITISH · ENGLAND · Age 79

Mr Robert Morrow

director · Since 01/10/2002

NON EXECUTIVE DIRECTOR

BRITISH · UNITED KINGDOM · Age 84

Also on 2 other boards

Mrs Sally Ann Waterston

director · Since 31/08/2003

CHAIRMAN

BRITISH · ENGLAND · Age 77

Also on 2 other boards

Margaret Scullion

director · Since 01/10/2020

DIRECTOR

BRITISH · SCOTLAND · Age 70

Mr Matthew Lee Thomas

secretary · Since 01/08/2021

Mr James David Alderson

director · Since 01/08/2021

DIRECTOR

BRITISH · ENGLAND · Age 41

Mr Iain Stuart Richardson

director · Since 26/06/2024

CHIEF FINANCIAL OFFICER

BRITISH · UNITED KINGDOM · Age 52

Also on 17 other boards

Mr Philip Iain Patrick Adams

director · Since 01/05/2026

BRITISH · SCOTLAND · Age 60

Also on 3 other boards

Persons with Significant Control

Mr Ajaib Singh

Significant control

British · England · Age 60

Liddon Court, Aykley Heads, Durham, DH1 5TS

Notified 06/04/2016

Mr Robert Michael Waterston

50–75% shares
25–50% votes
right-to-appoint-and-remove-directors-as-firm
significant-influence-or-control-as-firm

British · England · Age 79

Liddon Court, Aykley Heads, Durham, DH1 5TS

Notified 06/04/2016

Mrs Sally Ann Waterston

Significant control

British · England · Age 77

Liddon Court, Aykley Heads, Durham, DH1 5TS

Notified 06/04/2016

Mr James David Alderson

Significant control

British · England · Age 41

Liddon Court, Aykley Heads, Durham, DH1 5TS

Notified 01/08/2021

Margret Scullion

Significant control

British · Scotland · Age 70

Liddon Court, Aykley Heads, Durham, DH1 5TS

Notified 24/03/2025

Former PSCs

Mrs Leanne Cullen

Ceased 31/05/2024

Mr Michael Paul Stirrup

Ceased 30/04/2025

Mr Alistair William Mcleod

Ceased 06/12/2019

Miss Susan Jane Bell

Ceased 28/05/2021

Mr Alex David Bookless

Ceased 28/02/2025

Charges2 outstanding

Charge
outstanding

HSBC BANK PLC

Created 01/04/2014Registered 03/04/2014
Charge
outstanding

HSBC BANK PLC

Created 01/04/2014Registered 02/04/2014
charge
satisfied

LLOYDS TSB BANK PLC

Created 08/02/2005Registered 10/02/2005Satisfied 03/08/2015
charge
satisfied

HSBC BANK PLC

Created 21/12/2000Registered 22/12/2000Satisfied 12/03/2005
charge
satisfied

HSBC BANK PLC

Created 18/10/2000Registered 20/10/2000Satisfied 12/03/2005

CompanyRankvs 1621+ SIC 62012 peers
63

Financial strength71th percentile among SIC peers · 18/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.28× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength18/25 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Group's or the Parent Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going c

Key FinancialsYear ending 30/06/2025

Net Worth

£16k

Balance sheet strength

Cash

£2.3M

Cash in the bank

Net Current Assets

£5.5M

Working capital

Current Assets

£9.7M

Current Liabilities

£4.2M

Fixed Assets

£353k

Debtors

£22k

Profit After Tax

£39k

267avg. employees-17

Tax at Year End

Corp tax£131k

People Costs(2024)

Wages & salaries£14.8M

Balance Sheet

Assets less current liabilities£5.8M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20252.28-£6.0M
20242.46+£39k
20232.57+£340k
20222.43

Derived from filed accounts. Not audited figures.