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Watlington Drain Renovations Limited

06619263

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

24 MARKET PLACE, SWAFFHAM, PE37 7QH
Incorporated 13/06/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43999
Specialised construction activities

Officers

Claire Payne

director · Since 13/06/2008

DIRECTOR

BRITISH · ENGLAND · Age 58

Spencer Payne

director · Since 13/06/2008

DIRECTOR

BRITISH · ENGLAND · Age 54

Persons with Significant Control

Mrs Claire Payne

25–50% shares

British · England · Age 58

24, Market Place, Swaffham, PE37 7QH

Notified 06/04/2016

Mr Spencer Payne

25–50% shares

British · England · Age 54

24, Market Place, Swaffham, PE37 7QH

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

LLOYDS BANK COMMERCIAL FINANCE LIMITED

Created 19/09/2024Registered 26/09/2024Satisfied 19/12/2025
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 07/04/2011Registered 09/04/2011Satisfied 19/12/2025

CompanyRankvs 21992+ SIC 43999 peers
53

Financial strength32th percentile among SIC peers · 8/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.33× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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21992Watlington Drain Renovations Limited
53
How is this score calculated?
Financial strength8/25 pts

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

Employees13/15 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 31/03/2025

Net Worth

£124

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£56k

Working capital

Current Assets

£28k

Current Liabilities

£84k

Fixed Assets

£87k

4avg. employees-4

Balance Sheet

Assets less current liabilities£32k
Prepared with Sage Accounts Production 24.0 - FRS102_2024

EstimatesDerived

YearCurrent Ratio
20250.33
20240.52
20230.50

Derived from filed accounts. Not audited figures.