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Smartwater Group Limited

06442196

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

UNIT 1 PIONEER PARK, TELFORD, TF7 4FA
Incorporated 30/11/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

77390
Renting and leasing of other machinery, equipment and tangible goods

Officers

Mr Suketu Kishor Devani

director · Since 24/10/2022

DIRECTOR

BRITISH, · UNITED KINGDOM · Age 56

Also on 11 other boards

Mr Michael Patrick Kennedy

director · Since 30/10/2023

DIRECTOR

IRISH · ENGLAND · Age 47

Also on 12 other boards

Persons with Significant Control

Detertech Holdings Limited

75–100% shares
75–100% votes

Unit 1, Pioneer Park, Telford, TF7 4FA

Reg: 02935281 · England & Wales · Company

Notified 02/12/2019

Former PSCs

Mr George Haye

Ceased 02/12/2019

Mr Gordon Thomas Mcintyre

Ceased 02/12/2019

CompanyRankvs 19+ SIC 77390 peers
90

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.26× · 20/20
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 strength25/25 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/05/2020

Net Worth

£10.9M

Balance sheet strength

Cash

£890k

Cash in the bank

Net Current Assets

£6.1M

Working capital

Current Assets

£8.8M

Current Liabilities

£2.7M

Fixed Assets

£4.9M

Debtors

£7.9M

57avg. employees

Balance Sheet

Intangible assets£25k
Assets less current liabilities£11.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20203.26+£5.2M
20192.09+£3.0M
20181.74

Derived from filed accounts. Not audited figures.