Waterspec Ltd
10796404
Healthy
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 31/05/2017
CONTROL ENGINEER
BRITISH · UNITED KINGDOM · Age 58
director · Since 01/05/2020
DIRECTOR
BRITISH · UNITED KINGDOM · Age 65
Also on 1 other board
Persons with Significant Control
Mr Andrew Peter William Rowe
British · United Kingdom · Age 58
21, Friars Crescent, Delapre, NN4 8PZ
Notified 31/05/2017
CompanyRankvs 44536+ SIC 86900 peers41
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/05/2026
Net Worth
-£404
Balance sheet strength
Cash
£3
Cash in the bank
Profit Before Tax
£11k
Bottom line earnings
Net Current Assets
-£479
Working capital
Current Assets
£3
Current Liabilities
£482
Fixed Assets
£860
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2026 | 0.01 |
| 2025 | 0.91 |
| 2024 | 1.03 |
| 2023 | 1.02 |
Derived from filed accounts. Not audited figures.