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Water Tight Builders Ltd

09874183

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

34C GREEN LANE, HALESOWEN, B62 9LP
Incorporated 16/11/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43290
Other construction installation

Officers

Mr Louis Alexander Reid

secretary · Since 16/11/2015

Also on 1 other board

Mr Louis Alexander Reid

director · Since 16/11/2015

COMPANY DIORECTOR

BRITISH · WEST MIDLANDS · Age 43

Also on 1 other board

Persons with Significant Control

Mr Louis Alexander Reid

75–100% shares
ownership-of-shares-75-to-100-percent-as-trust
ownership-of-shares-75-to-100-percent-as-firm
75–100% votes
Appoint directors
significant-influence-or-control-as-firm

English · United Kingdom · Age 43

34c, Green Lane, Halesowen, B62 9LP

Notified 07/04/2016

CompanyRankvs 23990+ SIC 43290 peers
29

Financial strength6th percentile among SIC peers · 2/25
Employees9th percentile among SIC peers · 1/15
LiquidityNo balance sheet data · 0/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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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.

Employees1/15 pts

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

Liquidity0/20 pts

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

Longevity11/15 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

-£19k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£19k

Working capital

Current Assets

Current Liabilities

£19k

0avg. employees

Balance Sheet

Assets less current liabilities-£19k
Prepared with IRIS Accounts Production

EstimatesDerived

YearImplied Profit
2025+£0
2024+£0

Derived from filed accounts. Not audited figures.