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Waterside 21 Limited

08032515

active
Private Limited Company
Companies House
Health Score
64 / 100

Some Concerns

30/30
Filing
0/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

PORTLAND HOUSE, KETTERING, NN15 7HH
Incorporated 17/04/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Howard Stanley Mighell

director · Since 15/01/2015

DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 18 other boards

Mr Damon Patrick De Laszlo

director · Since 20/02/2015

ENGINEER

BRITISH · ENGLAND · Age 83

Also on 13 other boards

Mr John Burns Barrett

director · Since 05/02/2018

DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 7 other boards

Mr Matthew David Swan

director · Since 05/02/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 13 other boards

Persons with Significant Control

Mr Matthew David Swan

25–50% shares
25–50% votes

British · United Kingdom · Age 62

9 Oakhurst Avenue, Harpenden, AL5 2NB

Notified 10/03/2022

Mr John Burns Barrett

25–50% shares
25–50% votes

British · United Kingdom · Age 63

6 Tollbar Road, Islip, Kettering, NN14 3LH

Notified 10/03/2022

Former PSCs

Mr Damon Patrick De Laszlo

Ceased 10/03/2022

Charges3 outstanding

Charge
outstanding

FOINAVON CREDIT FUND II

Created 27/09/2023Registered 11/10/2023
Charge
outstanding

PARAGON DEVELOPMENT FINANCE LIMITED

Created 17/07/2023Registered 19/07/2023
Charge
outstanding

PARAGON DEVELOPMENT FINANCE LIMITED

Created 17/07/2023Registered 19/07/2023
Charge
satisfied

PARAGON DEVELOPMENT FINANCE LIMITED

Created 24/05/2019Registered 29/05/2019Satisfied 12/01/2023
Charge
satisfied

NATIONAL WESTMINSER BANK PLC

Created 14/08/2017Registered 16/08/2017Satisfied 23/05/2019
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 07/11/2016Registered 18/11/2016Satisfied 23/05/2019
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 30/03/2015Registered 16/04/2015Satisfied 17/08/2016
Charge
satisfied

FOINAVON CREDIT FUND II, A SUB-FUND OF FOINAVON SICAV PLC

Created 27/02/2015Registered 16/03/2015Satisfied 23/05/2019
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 25/02/2015Registered 11/03/2015Satisfied 02/11/2022
Charge
satisfied

FOINAVON CREDIT FUND II, A SUB-FUND OF FOINAVON SICAV PLC

Created 20/02/2015Registered 27/02/2015Satisfied 23/05/2019

CompanyRankvs 437510+ SIC 41100 peers
43

Financial strength6th percentile among SIC peers · 2/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 3.1× · 20/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees2/15 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.

Longevity14/15 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 30/04/2025

Net Worth

-£95k

Balance sheet strength

Cash

£185k

Cash in the bank

Net Current Assets

£9.7M

Working capital

Current Assets

£14.3M

Current Liabilities

£4.6M

Debtors

£8.3M

0avg. employees

Balance Sheet

Assets less current liabilities£9.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.10-£103k
202410.39-£12k
2023159.06
202211.17
20218.98
20201.56
20192.80
20181.31

Derived from filed accounts. Not audited figures.