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Watercycle Technologies Limited

10771817

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

4TH FLOOR SUITE A&B CITY LABS, MANCHESTER, M13 9NQ
Incorporated 15/05/2017

Compliance

Last accounts

31/05/2025

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 03/03/2026

Due 17/03/2027

On track

Industry

72190
Other research and experimental development on natural sciences and engineering

Officers

Mr Sebastian James Leaper

director · Since 15/05/2017

PHD STUDENT

BRITISH · UNITED KINGDOM · Age 33

Ahmed Abdelkarim

director · Since 23/03/2022

DIRECTOR

EGYPTIAN · ENGLAND · Age 39

Mr Paul James Dudley

director · Since 23/03/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 5 other boards

Mr Richard Baron Cooper

director · Since 14/11/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 70

Also on 9 other boards

Mr Philip Andrew Kemp

director · Since 15/01/2025

DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 2 other boards

Persons with Significant Control

Mr Sebastian Leaper

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 33

11, Blackwin Street, Manchester, M12 5LD

Notified 15/05/2017

Former PSCs

The University Of Manchester

Ceased 18/07/2024

CompanyRankvs 402+ SIC 72190 peers
82

Financial strength96th percentile among SIC peers · 24/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 6.58× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 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.

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.

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.

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

Key FinancialsYear ending 31/05/2025

Net Worth

£1.6M

Balance sheet strength

Cash

£1.8M

Cash in the bank

Net Current Assets

£1.9M

Working capital

Current Assets

£2.0M

Current Liabilities

£304k

Fixed Assets

£175k

Debtors

£179k

11avg. employees

Balance Sheet

Intangible assets£60k
Assets less current liabilities£2.1M
Signed by 10771817 2024-06-01 2025-05-31 10771817 2025-05-31 10771817 bus:OrdinaryShareClass1 2025-05-31 10771817 core:CurrentFinaPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20256.58+£0
20256.58+£1.8M
20240.83-£383k
20233.04-£241k
202266.49+£406k
202126.88-£12k
2020Infinity
2019Infinity
2018Infinity

Derived from filed accounts. Not audited figures.