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Fe Waterman Engineering Limited

06692024

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 2, SUTTON, SM1 2ES
Incorporated 09/09/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25110
Manufacture of metal structures and parts of structures

Officers

Mr Ian Waterman

director · Since 09/09/2008

ENGINEER

BRITISH · ENGLAND · Age 64

Also on 1 other board

Mr Sam Waterman

director · Since 24/02/2026

BRITISH · ENGLAND · Age 33

Also on 1 other board

Persons with Significant Control

Mr Ian Waterman

25–50% shares
25–50% votes
Appoint directors

British · England · Age 64

Unit 2, 99 Gander Green Lane, Sutton, SM1 2ES

Notified 06/04/2016

Mr Sam Waterman

25–50% shares
25–50% votes
Appoint directors

British · England · Age 33

Unit 2, 99 Gander Green Lane, Sutton, SM1 2ES

Notified 01/08/2023

Former PSCs

Mr Keith Waterman

Ceased 30/03/2022

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 12/06/2015Registered 21/06/2015

CompanyRankvs 1417+ SIC 25110 peers
54

Financial strength55th percentile among SIC peers · 14/25
Employees54th percentile among SIC peers · 8/15
LiquidityCurrent ratio 1.42× · 12/20
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 strength14/25 pts

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

Employees8/15 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

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

£54k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£39k

Working capital

Current Assets

£133k

Current Liabilities

£94k

Fixed Assets

£17k

3avg. employees

Balance Sheet

Assets less current liabilities£56k
Signed by Mr Ian Waterman 11/11/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.42+£9k
20241.15
20231.00

Derived from filed accounts. Not audited figures.