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Watagan Limited

09878097

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

FIRST FLOOR LOWGATE HOUSE, HULL, HU1 1EL
Incorporated 18/11/2015

Compliance

Last accounts

30/11/2024

micro entity

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 15/08/2025

Due 29/08/2026

On track

Industry

82110
Combined office administrative service activities

Officers

Mr Christopher Stewart Macnee

director · Since 18/11/2015

MANAGEMENT CONSULTANT

BRITISH · UNITED KINGDOM · Age 67

Also on 41 other boards

Persons with Significant Control

Mr Christopher Stewart Macnee

75–100% shares

British · United Kingdom · Age 67

First Floor Lowgate House, Lowgate, Hull, HU1 1EL

Notified 20/11/2016

Insolvency History1 case

creditors voluntary liquidation09/02/2026

Sarah Louise Burge (practitioner)

CompanyRankvs 15+ SIC 82110 peers
32

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.59× · 16/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 pts

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

Liquidity16/20 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.

Risk deductions

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/11/2024

Net Worth

£4k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£24k

Working capital

Current Assets

£64k

Current Liabilities

£40k

Fixed Assets

£691

2avg. employees

Balance Sheet

Assets less current liabilities£25k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20241.59
20231.69

Derived from filed accounts. Not audited figures.