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First Water Ramsbury Limited

04421199

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

HILLDROP LANE, MARLBOROUGH, SN8 2RB
Incorporated 19/04/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Mr Michael Paul Alford

director · Since 31/03/2024

COMPANY DIRECTOR

AMERICAN · UNITED STATES · Age 45

Also on 1 other board

Mr David Navazio

director · Since 31/03/2024

COMPANY DIRECTOR

AMERICAN · UNITED STATES · Age 65

Also on 1 other board

Mr Edward Joseph Quilty

director · Since 31/03/2024

COMPANY DIRECTOR

AMERICAN · UNITED STATES · Age 75

Mr Rupinder Singh

director · Since 31/03/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 3 other boards

Persons with Significant Control

Gentell Snow Usa Holdco, Llc

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

Suite 400, 1000 Floral Vale Blvd, Yardley, 19067

Notified 31/03/2024

Former PSCs

First Water Ltd

Ceased 31/03/2024

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 08/08/2024Registered 15/08/2024
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 14/08/2024Registered 14/08/2024
charge
satisfied

RBS IF LIMITED

Created 05/05/2006Registered 11/05/2006Satisfied 08/02/2016
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

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

BARCLAYS BANK PLC

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

CompanyRankvs 7817+ SIC 32990 peers
31

Financial strength25th percentile among SIC peers · 6/25
Employees99th percentile among SIC peers · 15/15
LiquidityNo balance sheet data · 0/20
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 strength6/25 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.

Liquidity0/20 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

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

Net Worth

£2

Balance sheet strength

Cash

£565k

Cash in the bank

Profit Before Tax

-£486k

Bottom line earnings

Net Current Assets

Working capital

Current Assets

Current Liabilities

£2.7M

Fixed Assets

£2.1M

Debtors

£2.1M

Profit After Tax

£298k

97avg. employees+13

Tax at Year End(2022)

Corp tax£92k

People Costs

Wages & salaries£3.5M
NI contributions£363k

Balance Sheet

Bank loans & overdrafts£104k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20231.22+£297k
20221.12-£2.5M
20211.26

Derived from filed accounts. Not audited figures.