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Princes Gate Water Limited

04264396

activeactive proposal to strike off
ltd
england wales
Companies House
Accounts overdue
Confirmation statement overdue
Health Score
40 / 100

Notable Risks

0/30
Filing
0/30
Financial
40/40
Risk
  • Accounts filing overdue (-15)
  • Confirmation statement overdue (-10)
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

The Well Fields, Princes Gate, Narbeth, SA67 8JD
Incorporated 03/08/2001

Previously known as

Princes Gate Spring Water Limited · until 10/10/2013

Compliance

Last accounts

31/12/2023

full

Next accounts due

31/08/2025

Overdue

Confirmation statement

Last: 22/08/2024

Due 05/09/2025

Overdue

Industry

11070
Manufacture of soft drinks; production of mineral waters and other bottled waters

Officers

Richard James Shaw

director · Since 31/05/2018

British · England · Age 51

Grant William Mckenzie

director · Since 01/01/2021

British · England · Age 51

Matthew Peter Faulkner

director · Since 19/06/2023

British · England · Age 47

Former

Highstone Directors Limited

corporate nominee director · Resigned 06/08/2001

Highstone Secretaries Limited

corporate nominee secretary · Resigned 06/08/2001

David Hugh Jones

secretary · Resigned 22/05/2012

Jacqueline Eileen Jones

director · Resigned 14/12/2015

Eira Jones

director · Resigned 14/12/2015

David Hugh Jones

director · Resigned 31/05/2018

Harold Glyn Jones

director · Resigned 31/05/2018

Endaf Vincent Hugh Edwards

director · Resigned 31/05/2018

Endaf Edwards

secretary · Resigned 31/05/2018

Samantha Atkinson

director · Resigned 31/05/2018

Charles David Hardy Roberts

director · Resigned 31/08/2020

Michel Beneventi

director · Resigned 01/01/2021

Endaf Vincent Hugh Edwards

director · Resigned 20/02/2023

Persons with Significant Control

Nestle Waters Uk Limited

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

Nestle Waters Uk Limited, Haxby Road, York, YO31 8TA

Reg: 02334804 · United Kingdom · Company Limited By Shares

Notified 02/05/2024

Former PSCs

Mr David Hugh Jones

Ceased 09/08/2016

Mr David Hugh Jones

Ceased 08/03/2017

Princes Gate Spring Water Limited

Ceased 02/05/2024

Charges0 outstanding

Charge
satisfied

BARCLAYS BANK PLC

Created 07/03/2014Registered 15/03/2014Satisfied 31/05/2018
Charge
satisfied

BARCLAYS BANK PLC

Created 07/03/2014Registered 12/03/2014Satisfied 31/05/2018
Charge
satisfied

BARCLAYS BANK PLC

Created 18/02/2014Registered 24/02/2014Satisfied 31/05/2018
Charge
satisfied

BARCLAYS BANK PLC

Created 28/01/2014Registered 31/01/2014Satisfied 31/05/2018
charge
satisfied

HSBC BANK PLC

Created 08/11/2011Registered 10/11/2011Satisfied 14/03/2014
charge
satisfied

HSBC INVOICE FINANCE (UK) LTD ("THE SECURITY HOLDER")

Created 25/02/2011Registered 01/03/2011Satisfied 14/03/2014
charge
satisfied

THE WELSH MINISTERS

Created 26/06/2008Registered 04/07/2008Satisfied 14/03/2014
charge
satisfied

THE WELSH DEVELOPMENT AGENCY

Created 31/03/2004Registered 17/04/2004Satisfied 14/03/2014
charge
satisfied

HSBC BANK PLC

Created 31/03/2004Registered 07/04/2004Satisfied 14/03/2014
charge
satisfied

HSBC BANK PLC

Created 30/08/2002Registered 06/09/2002Satisfied 14/03/2014

Change History

officer appointedFAULKNER, Matthew Peter
2026-06-09
officer appointedMCKENZIE, Grant William
2026-06-09
officer appointedSHAW, Richard James
2026-06-09
statusactive
2026-06-09

Active - Proposal to Strike off

post townNarbeth
2026-06-09

NARBETH

typeltd
2026-06-09

Private Limited Company

address line1The Well Fields
2026-06-09

THE WELL FIELDS

CompanyRankvs 221+ SIC 11070 peers
46

Financial strength97th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.49× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAccounts and CS overdue · 0/15
Going concern doubt -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.

Liquidity2/20 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 compliance0/15 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

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

Going Concern Doubt

● the directors have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the company’s ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue. Other information The other information comprises the inf

Key FinancialsYear ending 30/11/2016

Turnover

£14.7M

Annual revenue

Net Worth

£1.8M

Balance sheet strength

Cash

£562k

Cash in the bank

Profit Before Tax

-£344k

Bottom line earnings

Net Current Assets

-£4.2M

Working capital

Current Assets

£4.1M

Current Liabilities

£8.2M

Fixed Assets

£12.9M

Debtors

£3.1M

Cost of Sales

£8.0M

Gross Profit

£6.7M

Admin Expenses

£3.9M

Operating Profit

£697k

Profit After Tax

-£291k

46avg. employees

Tax at Year End

Corp tax£20
Dividends paid£45k

People Costs

Wages & salaries£1.2M

Balance Sheet

Intangible assets£251k
Bank loans & overdrafts£165k
Assets less current liabilities£8.7M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20160.49

Derived from filed accounts. Not audited figures.