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Watermen Foods Limited

05483993

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

THE WOODLANDS, SHANKLIN, PO37 6AQ
Incorporated 17/06/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46390
Non-specialised wholesale of food, beverages and tobacco
55209
Other holiday and short-stay accommodation

Officers

Adam Paul Collings

secretary · Since 27/06/2005

STUDENT

BRITISH

Mr Paul Alan Collings

director · Since 27/06/2005

WHOLESALE FOOD SUPPY AGENT

BRITISH · ENGLAND · Age 69

Also on 1 other board

Mr Adam Paul Collings

director · Since 01/07/2013

ADMINISTRATOR

BRITISH · ENGLAND · Age 37

Also on 1 other board

Persons with Significant Control

Mr Paul Alan Collings

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

British · England · Age 69

The Woodlands, Chine Avenue, Shanklin, PO37 6AQ

Notified 01/07/2016

CompanyRankvs 336+ SIC 46390 peers
78

Financial strength94th percentile among SIC peers · 24/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.13× · 12/20
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 strength24/25 pts

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

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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 30/06/2025

Net Worth

£1.3M

Balance sheet strength

Cash

£1.0M

Cash in the bank

Net Current Assets

£159k

Working capital

Current Assets

£1.4M

Current Liabilities

£1.2M

Fixed Assets

£1.2M

Debtors

£290k

5avg. employees

Tax at Year End(2018)

Corp tax£5k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20251.13+£0
20251.13+£44k
20241.09+£86k
20231.14+£121k
20221.05+£73k
20210.99+£56k
20200.95+£61k
20190.89+£41k
20180.83

Derived from filed accounts. Not audited figures.