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Ph Water Technologies Limited

05042025

active
Private Limited Company
england wales
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

85 GREAT PORTLAND STREET, LONDON, W1W 7LT
Incorporated 12/02/2004

Compliance

Last accounts

30/12/2024

audit exemption subsidiary

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 10/02/2026

Due 24/02/2027

On track

Industry

43999
Specialised construction activities

Officers

Mr Peter John Millham

director · Since 01/01/2005

DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 1 other board

Mr Graeme Kerr Stevens

director · Since 01/07/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 1 other board

Ms Lauren Allison

director · Since 16/07/2024

FINANCIAL CONTROLLER

BRITISH · ENGLAND · Age 31

Also on 2 other boards

Persons with Significant Control

Compliance Group Limited

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

85, Great Portland Street, London, W1W 7LT

Reg: 12351374 · Register Of Companies · Limited Company

Notified 14/07/2023

Former PSCs

Mr Ian Duncan Hay

Ceased 14/07/2023

Mr Peter Millham

Ceased 14/07/2023

Charges2 outstanding

Charge
outstanding

EURAZEO GLOBAL INVESTOR AS SECURITY AGENT

Created 18/11/2024Registered 22/11/2024
Charge
outstanding

RBS INVOICE FINANCE LTD

Created 27/04/2023Registered 04/05/2023
Charge
satisfied

CLOSE BROTHERS LIMITED (THE "SECURITY TRUSTEE")

Created 26/07/2013Registered 05/08/2013Satisfied 04/11/2024
charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 15/05/2009Registered 30/05/2009Satisfied 25/07/2013
charge
satisfied

THE ROYAL BANK OF SCOTLAND COMMERCIAL SERVICES LIMITED

Created 29/03/2005Registered 31/03/2005Satisfied 26/01/2013

CompanyRankvs 491+ SIC 43999 peers
79

Financial strength97th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.14× · 20/20
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 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.

Liquidity20/20 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 31/12/2022

Net Worth

£1.7M

Balance sheet strength

Cash

£277k

Cash in the bank

Net Current Assets

£1.8M

Working capital

Current Assets

£2.6M

Current Liabilities

£825k

Fixed Assets

£91k

Debtors

£1.9M

61avg. employees-8

Tax at Year End(2020)

Corp tax£49k
Dividends paid£101k

Balance Sheet

Assets less current liabilities£1.9M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20223.14+£308k
20212.41+£523k
20202.05+£136k
20191.58+£258k
20181.56

Derived from filed accounts. Not audited figures.