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Waterstone Capital Limited

10622304

active
Private Limited Company
england wales
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

10 STATION ROAD, LETCHWORTH GARDEN CITY, SG6 3AU
Incorporated 16/02/2017

Compliance

Last accounts

28/02/2025

total exemption full

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 15/02/2026

Due 01/03/2027

On track

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Mandeep Singh Basra

director · Since 16/02/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 28 other boards

Persons with Significant Control

Mr Mandeep Singh Basra

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

British · United Kingdom · Age 52

10, Station Road, Letchworth Garden City, SG6 3AU

Notified 17/02/2017

Charges2 outstanding

Charge
outstanding

YORKSHIRE BUILDING SOCIETY TRADING AS NORWICH & PETERBOROUGH BUILDING SOCIETY

Created 28/03/2018Registered 29/03/2018
Charge
outstanding

YORKSHIRE BUILDING SOCIETY TRADING AS NORWICH & PETERBOROUGH BUILDING SOCIETY

Created 28/03/2018Registered 29/03/2018

CompanyRankvs 116916+ SIC 68100 peers
30

Financial strength3th percentile among SIC peers · 1/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.92× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees9/15 pts

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

Liquidity6/20 pts

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

Longevity9/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 28/02/2025

Net Worth

-£132k

Balance sheet strength

Cash

£89k

Cash in the bank

Net Current Assets

-£9k

Working capital

Current Assets

£107k

Current Liabilities

£117k

Debtors

£18k

1avg. employees

Balance Sheet

Bank loans & overdrafts£2.0M
Assets less current liabilities£3.4M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.92+£0
20250.92-£181
20241.69-£76k
20233.01

Derived from filed accounts. Not audited figures.