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Washington Waterjet Limited

06505043

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

GROUND FLOOR PORTLAND HOUSE, NEWCASTLE UPON TYNE, NE1 8AP
Incorporated 15/02/2008

Compliance

Last accounts

31/03/2024

total exemption full

Next accounts due

31/12/2025

Overdue

Confirmation statement

Last: 15/02/2024

Due 01/03/2025

Overdue

Industry

25620
Machining

Officers

Mr Jeremy Alistair Courtenay Mcleod-Mackenzie

director · Since 31/05/2022

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 83

Also on 17 other boards

Persons with Significant Control

Wanh Limited

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

7-9, The Avenue, Eastbourne, BN21 3YA

Notified 31/05/2022

Former PSCs

Mr Peter Robinson

Ceased 31/05/2022

Mr Terry Stewart

Ceased 31/05/2022

Charges0 outstanding

Charge
satisfied

SKIPTON BUSINESS FINANCE LIMITED

Created 28/06/2024Registered 28/06/2024Satisfied 23/12/2025
Charge
satisfied

ABN AMRO ASSET BASED FINANCE N.V.

Created 31/05/2022Registered 01/06/2022Satisfied 01/07/2024
Charge
satisfied

LLOYDS BANK PLC

Created 29/11/2019Registered 29/11/2019Satisfied 08/06/2021
charge
satisfied

IGF INVOICE FINANCE LTD

Created 08/10/2008Registered 10/10/2008Satisfied 08/06/2021

Insolvency History1 case

creditors voluntary liquidation30/01/2025

Gillian Margaret Sayburn (practitioner) · Andrew Little (practitioner)

CompanyRankvs 15+ SIC 25620 peers
32

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.34× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength0/25 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.

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.

Risk deductions

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/03/2024

Net Worth

£198k

Balance sheet strength

Cash

£56k

Cash in the bank

Net Current Assets

£262k

Working capital

Current Assets

£1.0M

Current Liabilities

£777k

Fixed Assets

£68k

Debtors

£827k

13avg. employees-2

Tax at Year End

Corp tax£39k

Balance Sheet

Assets less current liabilities£330k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.34-£1.4M
20232.93+£190k
20222.72

Derived from filed accounts. Not audited figures.