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Wa Repairs Ltd

11761125

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

WALKER HOUSE, SOMERTON, TA11 7LX
Incorporated 11/01/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25500
Forging, pressing, stamping and roll-forming of metal; powder metallurgy
25620
Machining
28210
Manufacture of ovens, furnaces and furnace burners
33110
Repair of fabricated metal products

Officers

Mrs Emily Waterman

director · Since 11/01/2019

BUSINESS DEVELOPMENT

BRITISH · ENGLAND · Age 37

Mr Wayne Waterman

director · Since 11/01/2019

WELDER FABRICATOR

BRITISH · ENGLAND · Age 45

Persons with Significant Control

Mrs Emily Waterman

Significant control

British · England · Age 37

Walker House, Market Place, Somerton, TA11 7LX

Notified 11/01/2019

Mr Wayne Waterman

Significant control

British · England · Age 45

Walker House, Market Place, Somerton, TA11 7LX

Notified 11/01/2019

CompanyRankvs 320+ SIC 25500 peers
29

Financial strength3th percentile among SIC peers · 1/25
Employees17th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.05× · 2/20
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 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.

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.

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

Key FinancialsYear ending 31/01/2024

Net Worth

-£70k

Balance sheet strength

Cash

£42

Cash in the bank

Net Current Assets

-£77k

Working capital

Current Assets

£4k

Current Liabilities

£81k

Fixed Assets

£16k

0avg. employees-1

Balance Sheet

Assets less current liabilities-£61k

EstimatesDerived

YearCurrent RatioImplied Profit
20240.05-£1k
20230.08

Derived from filed accounts. Not audited figures.