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Waterside Colours Limited

10366229

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

Some Concerns

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

Details

21 MARINA COURT, HULL, HU1 1TJ
Incorporated 08/09/2016

Compliance

Last accounts

31/12/2025

group

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 07/09/2025

Due 21/09/2026

On track

Industry

20120
Manufacture of dyes and pigments

Officers

Mr Simon Andrew Banks-Cooper

director · Since 08/09/2016

DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 5 other boards

Siddharth Singhania

director · Since 08/09/2016

DIRECTOR

INDIAN · INDIA · Age 43

Vinod Singhania

director · Since 08/09/2016

DIRECTOR

INDIAN · INDIA · Age 69

Mr William Julian Cortazzi

director · Since 16/12/2016

NONE

BRITISH · UNITED KINGDOM · Age 65

Also on 7 other boards

Persons with Significant Control

Siddharth Singhania

Significant control

Indian · India · Age 43

121, Atlanta, Mumbai, 400021

Notified 08/09/2016

Vinod Singhania

Significant control

Indian · India · Age 69

121, Atlanta, Mumbai, 400021

Notified 08/09/2016

Charges1 outstanding

Charge
outstanding

SANTANDER UK PLC

Created 08/05/2018Registered 11/05/2018

CompanyRankvs 28+ SIC 20120 peers
54

Financial strength93th percentile among SIC peers · 23/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.4× · 12/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength23/25 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.

Longevity10/15 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

while integrating the customer relationships and business assets acquired during the year. In preparing this Strategic Report, the Directors have considered the Group's ability to continue as a going concern, including an assessment of expected trading performance, cash generation and liquidity for a period of at least twelve months from the date of approval of these financial statements. Whilst i

Key FinancialsYear ending 31/12/2025

Net Worth

£5.1M

Balance sheet strength

Cash

£1.8M

Cash in the bank

Net Current Assets

£3.7M

Working capital

Current Assets

£12.8M

Current Liabilities

£9.1M

Fixed Assets

£1.4M

Debtors

£4.3M

Profit After Tax

£657k

27avg. employees-1

People Costs(2023)

Wages & salaries£1.8M
NI contributions£180k

Balance Sheet

Intangible assets£1.2M
Bank loans & overdrafts£4.5M
Assets less current liabilities£5.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.40+£657k
20241.60+£507k
20231.42

Derived from filed accounts. Not audited figures.