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Watertight Plumbers Limited

04858047

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

60 PIPERS FIELD, UCKFIELD, TN22 5YH
Incorporated 06/08/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43220
Plumbing, heat and air-conditioning installation

Officers

Marie Rachel Goodey

secretary · Since 07/08/2003

SALES ORDER PROCESSING

BRITISH · Age 45

Mr Russell Frederic Goodey

director · Since 07/08/2003

PLUMBER

BRITISH · ENGLAND · Age 55

Also on 1 other board

Persons with Significant Control

Mr Russell Frederic Goodey

25–50% shares

British · England · Age 55

60, Pipers Field, Uckfield, TN22 5YH

Notified 01/07/2016

CompanyRankvs 28608+ SIC 43220 peers
36

Financial strength4th percentile among SIC peers · 1/25
Employees21th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.24× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

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.

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

Key FinancialsYear ending 31/08/2024

Net Worth

-£20k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£18k

Working capital

Current Assets

£6k

Current Liabilities

£24k

Fixed Assets

£187

1avg. employees

Balance Sheet

Assets less current liabilities-£18k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.24-£11k
20230.57-£5k
20221.14
20211.77

Derived from filed accounts. Not audited figures.