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Waterford Development Limited

05929002

active
Private Limited Company
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

19A ORBITAL 25 BUSINESS PARK, WATFORD, WD18 9DA
Incorporated 08/09/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43220
Plumbing, heat and air-conditioning installation
43999
Specialised construction activities

Officers

Mr Richard John Culverhouse

secretary · Since 08/09/2006

CO DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 7 other boards

Mr Richard John Culverhouse

director · Since 08/09/2006

CO DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 7 other boards

Mr Robert Leslie Watts

director · Since 08/09/2006

BUILDING CONTRACTOR

BRITISH · ENGLAND · Age 55

Also on 2 other boards

Persons with Significant Control

Mr Richard John Culverhouse

25–50% shares

British · United Kingdom · Age 55

19a, Orbital 25 Business Park, Watford, WD18 9DA

Notified 07/09/2016

Mr Robert Leslie Watts

25–50% shares

British · United Kingdom · Age 55

19a, Orbital 25 Business Park, Watford, WD18 9DA

Notified 07/09/2016

Charges3 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 20/05/2016Registered 25/05/2016
Charge
outstanding

BARCLAYS BANK PLC

Created 13/05/2016Registered 18/05/2016
charge
outstanding

ABBEY NATIONAL PLC

Created 18/12/2007Registered 21/12/2007

CompanyRankvs 1777+ SIC 43220 peers
75

Financial strength96th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.56× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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1777Waterford Development Limited
81
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.

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 31/03/2025

Net Worth

£427k

Balance sheet strength

Cash

£123k

Cash in the bank

Net Current Assets

£131k

Working capital

Current Assets

£362k

Current Liabilities

£231k

Fixed Assets

£414k

Debtors

£239k

14avg. employees-2

Balance Sheet

Assets less current liabilities£544k
Signed by Mr R Culverhouse Mr R Watts 28/10/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.56+£10k
20241.42+£23k
20231.40+£53k
20221.29+£51k
20211.17+£4k
20200.97+£12k
20191.05—

Derived from filed accounts. Not audited figures.