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Blue Business Water Limited

09093287

active
Private Limited Company
england wales
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

FORMER CORONERS COURT, NEWCASTLE UPON TYNE, NE1 3RQ
Incorporated 19/06/2014

Compliance

Last accounts

31/07/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 30/11/2025

Due 14/12/2026

On track

Industry

36000
Water collection, treatment and supply

Officers

Mr Russell Cox

secretary · Since 30/10/2024

Mr Aidon Hudson

director · Since 30/10/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 29

Persons with Significant Control

Crocodilus Ltd

25–50% shares
25–50% votes

Former Coroners Court, Close, Newcastle Upon Tyne, NE1 3RQ

Reg: 16616643 · Companies House · Limited

Notified 30/11/2025

Former PSCs

Mr Christopher James Clark

Ceased 01/11/2025

Charges1 outstanding

Charge
outstanding

EX NIHILO NIHIL FIT LIMITED

Created 25/11/2024Registered 03/12/2024

CompanyRankvs 835+ SIC 36000 peers
33

Financial strength2th percentile among SIC peers · 1/25
Employees58th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.51× · 6/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees9/15 pts

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

Liquidity6/20 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.

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 31/07/2024

Net Worth

-£273k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

-£154k

Working capital

Current Assets

£163k

Current Liabilities

£316k

Fixed Assets

£598

Debtors

£157k

2avg. employees-1

Tax at Year End

VAT£3k

Director Loans(2022)

Company owes directors£771

Balance Sheet

Assets less current liabilities-£153k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.51-£92k£67k
20230.64-£48k
20220.77-£307k
20210.70-£56k
20200.52

Derived from filed accounts. Not audited figures.