Back to search

Watertight Plumbing Solutions Limited

08823741

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

UNIT 9 PONDACRE FARM YARMOUTH ROAD, NEWPORT, PO30 4LZ
Incorporated 23/12/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43220
Plumbing, heat and air-conditioning installation

Officers

Mr Simon Long

director · Since 23/12/2013

PLUMBING ENGINEER

BRITISH · ENGLAND · Age 39

Miss Jodie Procter

director · Since 25/06/2021

DIRECTOR

BRITISH · ENGLAND · Age 33

Also on 1 other board

Persons with Significant Control

Mr Simon Long

75–100% shares

British · England · Age 39

Unit 9 Pondacre Farm, Yarmouth Road, Newport, PO30 4LZ

Notified 01/12/2016

Charges2 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 15/04/2024Registered 22/04/2024
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 24/03/2024Registered 25/03/2024

CompanyRankvs 3994+ SIC 43220 peers
66

Financial strength95th percentile among SIC peers · 24/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.5× · 12/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
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.

Employees12/15 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.

Longevity13/15 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 31/12/2025

Net Worth

£334k

Balance sheet strength

Cash

£115k

Cash in the bank

Net Current Assets

£81k

Working capital

Current Assets

£242k

Current Liabilities

£162k

Fixed Assets

£394k

Debtors

£99k

3avg. employees-2

Balance Sheet

Bank loans & overdrafts£101k
Assets less current liabilities£475k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20251.50-£71k
20242.68+£36k
20233.26

Derived from filed accounts. Not audited figures.