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Watercor Limited

07662081

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

C/O SWANN ACCOUNTING LIMITED, FIRST FLOOR OFFICES, HASTINGS, TN34 3DW
Incorporated 08/06/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70100
Activities of head offices

Officers

Mr Andrew Neil Munro

director · Since 08/06/2011

DIRECTOR

SOUTH AFRICAN · ENGLAND · Age 68

Also on 1 other board

Mr Warren Andrew Munro

director · Since 05/01/2018

DIRECTOR

BRITISH · ENGLAND · Age 36

Miss Shawnee Munro

director · Since 01/11/2018

DIRECTOR

SOUTH AFRICAN · ENGLAND · Age 34

Mrs Jacqueline Mary Munro

director · Since 01/11/2022

DIRECTOR

SOUTH AFRICAN · ENGLAND · Age 65

Also on 1 other board

Persons with Significant Control

Mr Andrew Neil Munro

25–50% shares
25–50% votes

South African · United Kingdom · Age 68

C/O Swann Accounting Limited, First Floor Offices, Hastings Fishmarket, Rock-A-Nore Road, Hastings, TN34 3DW

Notified 08/06/2017

CompanyRankvs 450+ SIC 70100 peers
74

Financial strength96th percentile among SIC peers · 24/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 19.19× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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84
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.

Employees10/15 pts

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

Liquidity20/20 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

Going concern doubt: -10 pts

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

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 28/02/2025

Net Worth

£9.9M

Balance sheet strength

Cash

£240k

Cash in the bank

Net Current Assets

£872k

Working capital

Current Assets

£919k

Current Liabilities

£48k

Fixed Assets

£9.1M

Debtors

£680k

2avg. employees

Tax at Year End(2024)

VAT£2k

Director Loans

Company owes directors£46k

Balance Sheet

Assets less current liabilities£9.9M
Signed by Mr Andrew Munro 09/06/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
202519.19+£942k—
2024332.14-£204k£33k
2023184.04—£33k
202225.16——
202120.65——

Derived from filed accounts. Not audited figures.