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Waters & Sons Independent Funeral Directors Limited

06851825

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

106 SPRING ROAD, SOUTHAMPTON, SO19 2QB
Incorporated 18/03/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96030
Funeral and related activities

Officers

Mr Simon Charles Waters

director · Since 18/03/2009

DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 1 other board

Persons with Significant Control

Mr Simon Charles Waters

75–100% shares

British · England · Age 63

106, Spring Road, Southampton, SO19 2QB

Notified 18/03/2017

CompanyRankvs 1464+ SIC 96030 peers
50

Financial strength7th percentile among SIC peers · 2/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.55× · 6/20
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 strength2/25 pts

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

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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 31/12/2023

Net Worth

-£23k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£61k

Working capital

Current Assets

£74k

Current Liabilities

£135k

Fixed Assets

£38k

9avg. employees-1

Balance Sheet

Assets less current liabilities-£23k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20230.55+£7k
20220.39-£44k
20210.63-£61k
20201.30+£19k
20190.99-£36k
20181.73

Derived from filed accounts. Not audited figures.