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On The Waterfront Limited

05909483

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

ON THE WATER RESTAURANT, LEE ON THE SOLENT
Incorporated 17/08/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56101
Licensed restaurants

Officers

Mr Iain Mackinnon

director · Since 01/10/2020

ACCOUNTANT

BRITISH · ENGLAND · Age 69

Also on 1 other board

Mr Iain Mackinnon

secretary · Since 01/11/2020

Also on 1 other board

Persons with Significant Control

On The Water Holdings Ltd

75–100% shares
75–100% votes
Appoint directors
significant-influence-or-control-as-firm

15, Marine Parade West, Lee-On-The-Solent, PO13 9LW

Reg: 128996703 · Companies House · Limited Company

Notified 01/10/2020

Former PSCs

Mr Gary Michael Juryeff

Ceased 31/03/2017

Mr Darre Paul Faulkner

Ceased 20/11/2018

Mr Thomas Angus Miller

Ceased 20/03/2020

Mr Leslie Faulkner

Ceased 01/10/2020

Mr Darren Paul Faulkner

Ceased 01/10/2020

Charges2 outstanding

charge
outstanding

HSBC BANK PLC

Created 16/01/2007Registered 18/01/2007
charge
outstanding

HSBC BANK PLC

Created 14/11/2006Registered 15/11/2006

CompanyRankvs 846+ SIC 56101 peers
75

Financial strength99th percentile among SIC peers · 25/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.59× · 16/20
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 strength25/25 pts

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

Employees14/15 pts

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

Liquidity16/20 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 30/09/2025

Net Worth

£1.4M

Balance sheet strength

Cash

£225k

Cash in the bank

Net Current Assets

£101k

Working capital

Current Assets

£273k

Current Liabilities

£172k

Fixed Assets

£1.3M

Debtors

£43k

35avg. employees

Balance Sheet

Assets less current liabilities£1.4M
Signed by Company Registration No. 05909483Prepared with Easy Digital Filing

EstimatesDerived

YearCurrent RatioImplied Profit
20251.59+£113k
20242.04+£153k
20231.18

Derived from filed accounts. Not audited figures.