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Watermount Developments Limited

11221654

active
Private Limited Company
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • 3 outstanding charges (-6)

Details

LOWER GROUND FLOOR, LONDON, N16 5SX
Incorporated 23/02/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Abraham Joseph Ost

director · Since 29/04/2025

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 13 other boards

Persons with Significant Control

Watermount Developments 1 Limited

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

43, Stamford Hill, London, N16 5SX

Reg: 16377054 · Companies House · Limited By Shares

Notified 29/04/2025

Former PSCs

Mr Abraham Joseph Ost

Ceased 22/08/2021

Mrs Dena Ost

Ceased 29/04/2025

Charges3 outstanding

Charge
outstanding

UNITED NATIONAL BANK LIMITED

Created 30/04/2025Registered 01/05/2025
Charge
outstanding

UNITED NATIONAL BANK LIMITED

Created 30/04/2025Registered 01/05/2025
Charge
outstanding

UNITED NATIONAL BANK LIMITED

Created 30/04/2025Registered 01/05/2025

CompanyRankvs 797530+ SIC 68209 peers
46

Financial strength71th percentile among SIC peers · 18/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.45× · 12/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength18/25 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.

Liquidity12/20 pts

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

Longevity8/15 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 30/09/2024

Net Worth

£44k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£52k

Working capital

Current Assets

£168k

Current Liabilities

£115k

Fixed Assets

£957

0avg. employees

Balance Sheet

Assets less current liabilities£53k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20241.45+£3k
20225.24+£7k
20225.57+£6k
202127.68-£1k
20205.59+£11k
20192.83

Derived from filed accounts. Not audited figures.