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Watertight Ltd

11736578

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

2 SHAWS ORCHARD RADLEY ROAD, NEWARK, NG22 8FZ
Incorporated 20/12/2018

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 27/11/2025

Due 11/12/2026

On track

Industry

64202
Activities of production holding companies

Officers

Andrew David Critchley

secretary · Since 20/12/2018

Mr Andrew David Critchley

director · Since 20/12/2018

INVESTOR

BRITISH · ENGLAND · Age 61

Also on 2 other boards

Persons with Significant Control

Mr Andrew David Critchley

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

British · England · Age 61

2 Shaws Orchard, Radley Road, Newark, NG22 8FZ

Notified 20/12/2018

Charges0 outstanding

Charge
satisfied

STEPHEN RAINFORD

Created 04/01/2021Registered 13/01/2021Satisfied 28/03/2022

CompanyRankvs 272+ SIC 64202 peers
63

Financial strength46th percentile among SIC peers · 12/25
Employees56th percentile among SIC peers · 8/15
LiquidityCurrent ratio 6.9× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength12/25 pts

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

Employees8/15 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.

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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

£1k

Balance sheet strength

Cash

£13k

Cash in the bank

Net Current Assets

£45k

Working capital

Current Assets

£52k

Current Liabilities

£8k

Fixed Assets

£1.1M

Debtors

£39k

1avg. employees

Balance Sheet

Assets less current liabilities£1.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20246.90
202343.43
20220.15

Derived from filed accounts. Not audited figures.