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First Water Limited

04421197

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

997 MANCHESTER ROAD, ASHTON-UNDER-LYNE, OL7 0ED
Incorporated 19/04/2002

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 07/04/2026

Due 21/04/2027

On track

Industry

32990
Other manufacturing

Officers

Ms Wendy Dickinson

director · Since 01/12/2016

VP CONTROLLER EMEA APAC

BRITISH · ENGLAND · Age 59

Also on 14 other boards

Mark Weston Johnson

director · Since 11/03/2024

LAWYER

AMERICAN · UNITED STATES · Age 49

Also on 1 other board

Mark Weston Johnson

secretary · Since 20/11/2024

Also on 1 other board

Persons with Significant Control

Scapa Group Limited

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

997, Manchester Road, Ashton-Under-Lyne, OL7 0ED

Reg: 00826179 · Central Public Register At Companies House, Cardiff · Public Limited Company

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 07/05/2013Registered 09/05/2013Satisfied 08/09/2015
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 10/05/2006Registered 24/05/2006Satisfied 08/09/2015
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 04/05/2006Registered 10/05/2006Satisfied 08/09/2015
charge
satisfied

NATIONWIDE BUILDING SOCIETY

Created 16/10/2000Registered 15/10/2002Satisfied 07/10/2004
charge
satisfied

BARCLAYS BANK PLC

Created 30/09/2002Registered 15/10/2002Satisfied 20/05/2006
charge
satisfied

BARCLAYS BANK PLC

Created 16/10/2000Registered 14/10/2002Satisfied 07/10/2004
charge
satisfied

BARCLAYS BANK PLC

Created 16/10/2000Registered 14/10/2002Satisfied 07/10/2004
charge
satisfied

BARCLAYS BANK PLC

Created 30/09/2002Registered 10/10/2002Satisfied 06/09/2014
charge
satisfied

BARCLAYS BANK PLC

Created 30/09/2002Registered 10/10/2002Satisfied 06/09/2014
charge
satisfied

NATIONWIDE BUILDING SOCIETY

Created 30/09/2002Registered 04/10/2002Satisfied 07/10/2004

CompanyRankvs 11616+ SIC 32990 peers
25

Financial strength4th percentile among SIC peers · 1/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.07× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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11616First Water Limited
35
How is this score calculated?
Financial strength1/25 pts

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

Employees2/15 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 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

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the 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 co

Key FinancialsYear ending 31/12/2024

Turnover

£83k

Annual revenue

Net Worth

-£91k

Balance sheet strength

Cash

—

Cash in the bank

Profit Before Tax

£21.3M

Bottom line earnings

Net Current Assets

-£37.8M

Working capital

Current Assets

£2.7M

Current Liabilities

£40.5M

Fixed Assets

£83.0M

Debtors

£2.7M

Gross Profit

£83k

Admin Expenses

-£172k

Operating Profit

£27.4M

Profit After Tax

£22.6M

0avg. employees

Tax at Year End(2021)

Corp tax£28k

Balance Sheet

Assets less current liabilities£45.2M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.07+£31.7M
20230.13-£1.3M
20220.16-£6.7M

Derived from filed accounts. Not audited figures.