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Watertech Ltd

04852960

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

10 LINTHORPE ROAD, LONDON, N16 5RF
Incorporated 31/07/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mrs Suzanne Herzog

secretary · Since 18/08/2003

BRITISH · UNITED KINGDOM · Age 49

Also on 6 other boards

Mr Morris Herzog

director · Since 18/08/2003

SALESMAN

BRITISH · UNITED KINGDOM · Age 48

Also on 13 other boards

Persons with Significant Control

Mrs Suzanne Herzog

25–50% shares
25–50% votes
Appoint directors

British · England · Age 49

10, Linthorpe Road, London, N16 5RF

Notified 01/07/2016

Mr Morris Herzog

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 48

10, Linthorpe Road, London, N16 5RF

Notified 01/07/2016

Charges2 outstanding

charge
outstanding

NATIONWIDE BUILDING SOCIETY

Created 27/10/2003Registered 31/10/2003
charge
outstanding

NATIONWIDE BUILDING SOCIETY

Created 23/09/2003Registered 27/09/2003

CompanyRankvs 76197+ SIC 68209 peers
47

Financial strength86th percentile among SIC peers · 22/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.17× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength22/25 pts

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

Employees3/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/07/2024

Net Worth

£327k

Balance sheet strength

Cash

£14k

Cash in the bank

Net Current Assets

-£69k

Working capital

Current Assets

£14k

Current Liabilities

£83k

Profit After Tax

£10k

0avg. employees

Balance Sheet

Assets less current liabilities£334k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.17+£10k
20230.07+£18k
20220.37+£9k
20210.41+£19k
20200.31+£10k
20190.27+£16k
20180.18

Derived from filed accounts. Not audited figures.