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Washington Investments Limited

05814608

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

9 ARMSTRONG ROAD, WASHINGTON, NE37 1PR
Incorporated 12/05/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

24100
Manufacture of basic iron and steel and of ferro-alloys
68100
Buying and selling of own real estate

Officers

Mr Peter Anthony Gatens

secretary · Since 12/05/2006

BRITISH · UNITED KINGDOM · Age 67

Also on 8 other boards

Mr Peter Anthony Gatens

director · Since 12/05/2006

ENGINEER

BRITISH · UNITED KINGDOM · Age 67

Also on 8 other boards

Mr Philip Henry Gatens

director · Since 12/05/2006

ENGINEER

BRITISH · UNITED KINGDOM · Age 66

Also on 1 other board

Persons with Significant Control

Mr Peter Anthony Gatens

25–50% shares

British · United Kingdom · Age 67

9, Armstrong Road, Washington, NE37 1PR

Notified 06/04/2016

Mr Philip Henry Gatens

25–50% shares

British · United Kingdom · Age 66

9 Armstrong Road, Washington, NE37 1PR

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 16/06/2006Registered 17/06/2006Satisfied 14/03/2025
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 12/06/2006Registered 15/06/2006Satisfied 14/03/2025

CompanyRankvs 269+ SIC 24100 peers
53

Financial strength85th percentile among SIC peers · 21/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0× · 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 strength21/25 pts

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

Employees0/15 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 31/10/2025

Net Worth

£662k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£531k

Working capital

Current Assets

£2k

Current Liabilities

£532k

Fixed Assets

£1.2M

Balance Sheet

Assets less current liabilities£690k
Signed by Mr Peter Gatens 24/06/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.00-£8k
20240.01+£506k
2023-£27k
2022-£47k

Derived from filed accounts. Not audited figures.