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Waterworth Heating Ltd

10411200

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

9 KING STREET, BOLTON, BL5 3AX
Incorporated 05/10/2016

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 04/10/2025

Due 18/10/2026

On track

Industry

43220
Plumbing, heat and air-conditioning installation

Officers

Mr Jake Waterworth

director · Since 05/10/2016

HEATING ENGINEER

BRITISH · UNITED KINGDOM · Age 36

Persons with Significant Control

Mr Jake Waterworth

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 36

9, King Street, Bolton, BL5 3AX

Notified 05/10/2016

CompanyRankvs 14972+ SIC 43220 peers
57

Financial strength35th percentile among SIC peers · 9/25
Employees21th percentile among SIC peers · 3/15
LiquidityCurrent ratio 3.4× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength9/25 pts

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

Employees3/15 pts

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

Liquidity20/20 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.

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

Key FinancialsYear ending 31/10/2023

Net Worth

£550

Balance sheet strength

Cash

£9k

Cash in the bank

Net Current Assets

£19k

Working capital

Current Assets

£27k

Current Liabilities

£8k

Fixed Assets

£3k

Debtors

£19k

1avg. employees

Balance Sheet

Bank loans & overdrafts£22k
Assets less current liabilities£22k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20233.40
20223.40
20192.32-£4k
20182.26

Derived from filed accounts. Not audited figures.