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Waterson Projects Limited

07022599

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 E2 ASTWOOD BUSINESS PARK ASTWOOD LANE, REDDITCH, B96 6HH
Incorporated 17/09/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43390
Other building completion and finishing

Officers

Mr Adam James Briggs

director · Since 01/09/2022

DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 1 other board

Mr Mark Robin Holloway

director · Since 01/01/2026

BRITISH · ENGLAND · Age 55

Persons with Significant Control

Briggs Holdings Limited

75–100% shares
75–100% votes

8, Church Green East, Redditch, B98 8BP

Reg: 15782716 · England And Wales · Limited Company

Notified 31/01/2025

Former PSCs

Mr Sean Marley

Ceased 14/01/2020

Miss Adele Lee

Ceased 14/01/2020

Marlee Holdings Limited

Ceased 31/01/2025

Charges1 outstanding

Charge
outstanding

FUNDING CIRCLE LIMITED

Created 08/01/2025Registered 10/01/2025

CompanyRankvs 2214+ SIC 43390 peers
74

Financial strength95th percentile among SIC peers · 24/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.51× · 16/20
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 strength24/25 pts

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

Employees14/15 pts

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

Liquidity16/20 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 31/08/2025

Net Worth

£318k

Balance sheet strength

Cash

£577k

Cash in the bank

Net Current Assets

£481k

Working capital

Current Assets

£1.4M

Current Liabilities

£941k

Fixed Assets

£9k

Debtors

£832k

6avg. employees-2

Balance Sheet

Bank loans & overdrafts£221k
Assets less current liabilities£491k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.51-£212k
20241.53+£12k
20231.41+£17k
20221.63-£199k
20211.61-£99k
20201.95
20193.32

Derived from filed accounts. Not audited figures.