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Watertight Pipework Limited

04167610

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

UNIT 19B, EMSWORTH, PO10 7SU
Incorporated 23/02/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43220
Plumbing, heat and air-conditioning installation

Officers

Martyn Williamson

director · Since 23/02/2001

PIPE FITTER

BRITISH · UNITED KINGDOM · Age 55

Michelle Williamson

secretary · Since 06/04/2001

BRITISH

Persons with Significant Control

Mrs Michelle Williamson

25–50% shares

British · England · Age 55

Suite 1 Ground Floor, 4 Quay Point, Northarbour Road, Portsmouth, PO6 3TD

Notified 06/04/2016

Mr Martyn Wlliamson

25–50% shares
Appoint directors

British · England · Age 55

Suite 1 Ground Floor, 4 Quay Point, Northarbour Road, Portsmouth, PO6 3TD

Notified 06/04/2016

CompanyRankvs 8596+ SIC 43220 peers
65

Financial strength28th percentile among SIC peers · 7/25
Employees54th percentile among SIC peers · 8/15
LiquidityCurrent ratio 7.3× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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8596Watertight Pipework Limited
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How is this score calculated?
Financial strength7/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees8/15 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.

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

Key FinancialsYear ending 28/02/2025

Net Worth

£101

Balance sheet strength

Cash

£486k

Cash in the bank

Net Current Assets

£474k

Working capital

Current Assets

£549k

Current Liabilities

£75k

Fixed Assets

£85k

Debtors

£63k

2avg. employees

Balance Sheet

Assets less current liabilities£559k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20257.30
20245.98
20233.71

Derived from filed accounts. Not audited figures.