Wet Environmental Ltd
08955497
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 28/03/2026
Due 11/04/2027
Industry
Officers
director · Since 24/03/2014
DIRECTOR
BRITISH · ENGLAND · Age 68
Also on 16 other boards
Persons with Significant Control
Mr Michael Daniel Adams
British · England · Age 68
19 Chadwick Manor Warwick Road Knowle, Chadwick Manor, Warwick Road, Solihull, B93 0AT
Notified 06/04/2016
CompanyRankvs 792+ SIC 36000 peers44
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
-£890k
Balance sheet strength
Cash
£6k
Cash in the bank
Net Current Assets
-£863k
Working capital
Current Assets
£1.5M
Current Liabilities
£2.3M
Debtors
£1.5M
Tax at Year End(2019)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.63 | -£166k |
| 2024 | 0.65 | -£461k |
| 2023 | 0.89 | -£132k |
| 2022 | 0.22 | +£143k |
| 2021 | 0.11 | -£37k |
| 2020 | 0.07 | -£227k |
| 2019 | 0.94 | — |
Derived from filed accounts. Not audited figures.