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Water Enhancing Technologies (Wet) Limited

08955405

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

UNITS 3 & 4 WEDGNOCK INDUSTRIAL ESTATE, WARWICK, CV34 5PZ
Incorporated 24/03/2014

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 24/10/2025

Due 07/11/2026

On track

Industry

82110
Combined office administrative service activities

Officers

Mr Michael Daniel Adams

director · Since 24/03/2014

DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 16 other boards

Persons with Significant Control

Mr Michael Daniel Adams

ownership-of-shares-75-to-100-percent-as-firm
voting-rights-75-to-100-percent-as-firm
right-to-appoint-and-remove-directors-as-firm

British · England · Age 68

19 Chadwick Manor, Chadwick Manor, Warwick Road, Solihull, B93 0AT

Notified 06/04/2016

CompanyRankvs 6639+ SIC 82110 peers
40

Financial strength20th percentile among SIC peers · 5/25
Employees42th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.23× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength5/25 pts

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

Employees6/15 pts

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

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity12/15 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 31/03/2025

Net Worth

£1

Balance sheet strength

Cash

£1

Cash in the bank

Net Current Assets

-£1.3M

Working capital

Current Assets

£407k

Current Liabilities

£1.7M

Fixed Assets

£1.3M

Debtors

£399

1avg. employees+1

Balance Sheet

Assets less current liabilities-£922
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.23
20240.12
20230.12
20221.00
20211.00
20201.00
20191.00

Derived from filed accounts. Not audited figures.