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Wateredge (Romford) Ltd

10888096

active
Private Limited Company
Companies House
Health Score
60 / 100

Some Concerns

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

Details

C/O 32 CASTLEWOOD ROAD, LONDON, N16 6DW
Incorporated 28/07/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Jack Frankel

director · Since 28/07/2017

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 122 other boards

Persons with Significant Control

Mr Jack Frankel

75–100% shares
ownership-of-shares-75-to-100-percent-as-trust
ownership-of-shares-75-to-100-percent-as-firm
75–100% votes
voting-rights-75-to-100-percent-as-trust
voting-rights-75-to-100-percent-as-firm
Appoint directors

British · England · Age 56

C/O 32, Castlewood Road, London, N16 6DW

Notified 04/01/2022

Former PSCs

Portland Limited

Ceased 02/01/2021

Maida Vale Investments Limited

Ceased 02/01/2021

Mr Jacob Silver

Ceased 04/01/2022

Charges5 outstanding

Charge
outstanding

ONESAVINGS BANK PLC

Created 21/06/2019Registered 24/06/2019
Charge
outstanding

MIZRAHI TEFAHOT BANK LIMITED

Created 12/09/2017Registered 28/09/2017
Charge
outstanding

MIZRAHI TEFAHOT BANK LIMITED

Created 12/09/2017Registered 28/09/2017
Charge
outstanding

MIZRAHI TEFAHOT BANK LIMITED

Created 12/09/2017Registered 28/09/2017
Charge
outstanding

MIZRAHI TEFAHOT BANK LIMITED

Created 12/09/2017Registered 28/09/2017

CompanyRankvs 69183+ SIC 68100 peers
38

Financial strength3th percentile among SIC peers · 1/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 3.24× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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69183Wateredge (Romford) Ltd
47
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.

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.

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 31/07/2025

Net Worth

-£127k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£1.2M

Working capital

Current Assets

£1.7M

Current Liabilities

£530k

Fixed Assets

£31k

0avg. employees

Balance Sheet

Assets less current liabilities£1.2M
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20253.24-£4k
20243.23-£1k
20233.22-£2k
20223.25-£3k
20213.51+£3k
20202.86+£52k
20190.38-£104k
20180.10—

Derived from filed accounts. Not audited figures.