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Smarta Water Limited

09896052

active
Private Limited Company
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

BUILDING 3 WORKWELL OFFICE, LEEDS, LS15 4LG
Incorporated 01/12/2015

Compliance

Last accounts

31/12/2024

medium

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 31/01/2026

Due 14/02/2027

On track

Industry

36000
Water collection, treatment and supply

Officers

Mrs Elizabeth Jane Emma Green

director · Since 11/04/2018

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 8 other boards

Mr Stephen Black

director · Since 15/05/2018

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 1 other board

Mr Kieran Dixon

director · Since 02/12/2024

DIRECTOR

BRITISH · ENGLAND · Age 39

Also on 1 other board

Mr Lee Travis Jacques

director · Since 02/12/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Also on 6 other boards

Persons with Significant Control

Mr Stephen Black

Appoint directors

British · England · Age 57

Building 3, Workwell Office, Leeds, LS15 4LG

Notified 01/01/2019

Former PSCs

Mr Kevin Reginald Clark

Ceased 01/11/2017

Mr Stephen Black

Ceased 11/04/2018

Mrs Elizabeth Jane Emma Green

Ceased 23/01/2020

The Smarta Utilities Group Limited

Ceased 25/01/2020

Charges1 outstanding

Charge
satisfied

ALLICA FINANCIAL SERVICES LIMITED

Created 29/06/2023Registered 10/07/2023Satisfied 21/05/2026
Charge
outstanding

NPIF TVC DEBT LP ACTING BY TVC LOANS NPIF GP LIMITED AS THE GENERAL PARTNER OF NPIF TVC DEBT L

Created 30/06/2023Registered 06/07/2023

CompanyRankvs 563+ SIC 36000 peers
34

Financial strength6th percentile among SIC peers · 2/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.24× · 12/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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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.

Employees14/15 pts

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

Liquidity12/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£32.3M

Annual revenue

Net Worth

-£36k

Balance sheet strength

Cash

£292k

Cash in the bank

Profit Before Tax

-£846k

Bottom line earnings

Net Current Assets

£2.1M

Working capital

Current Assets

£10.7M

Current Liabilities

£8.7M

Fixed Assets

£527k

Debtors

£8.6M

Cost of Sales

£31.3M

Gross Profit

£1.0M

Admin Expenses

£1.2M

Operating Profit

-£677k

Profit After Tax

-£672k

10avg. employees+2

Tax at Year End

Dividends paid£100k

People Costs

Wages & salaries£292k
NI contributions£46k

Balance Sheet

Intangible assets£521k
Bank loans & overdrafts£2.4M
Assets less current liabilities£2.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.24-£672k
20231.25
20211.03
20200.88
20190.76
20180.32

Derived from filed accounts. Not audited figures.