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Iwater Group Limited

11319745

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

MENZIES LLP, 4TH FLOOR, LONDON, EC2V 7AB
Incorporated 19/04/2018

Compliance

Last accounts

31/12/2021

total exemption full

Next accounts due

30/09/2023

Overdue

Confirmation statement

Last: 07/01/2023

Due 21/01/2024

Overdue

Industry

36000
Water collection, treatment and supply

Officers

Mr. Shakeel Harun

director · Since 28/08/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 2 other boards

Mr. Scott William Kinnear-Nock

director · Since 28/08/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 1 other board

Persons with Significant Control

Mr Scott William Kinnear-Nock

Significant control

British · England · Age 57

1a, Church Road, Romford, RM3 0HU

Notified 28/08/2021

Former PSCs

Mr Richard Thomas Mayhew

Ceased 05/03/2019

Mr Adrian Aston

Ceased 05/03/2019

Tower Group Investments Ltd

Ceased 22/08/2018

Mr Moran Lerner

Ceased 29/05/2019

Trustees Of The Iwg Sto Trust

Ceased 19/06/2020

Al Sayed

Ceased 01/12/2021

Mr Al Sayed

Ceased 01/12/2021

Insolvency History1 case

creditors voluntary liquidation23/05/2023

Freddy Khalastchi (practitioner) · Jonathan David Bass (practitioner)

CompanyRankvs 15+ SIC 36000 peers
15

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.09× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 pts

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

Liquidity2/20 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 31/12/2021

Net Worth

£1.0M

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£218k

Working capital

Current Assets

£20k

Current Liabilities

£238k

Fixed Assets

£1.3M

Debtors

£17k

2avg. employees

People Costs

Wages & salaries£73k
NI contributions£8k

Balance Sheet

Assets less current liabilities£1.0M
Prepared with Sage Accounts Production 21.0 - FRS102_2021

EstimatesDerived

YearCurrent Ratio
20210.09

Derived from filed accounts. Not audited figures.