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Clearwater Sensors Ltd

12148578

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 208 SOLENT BUSINESS CENTRE, SOUTHAMPTON, SO15 0HW
Incorporated 09/08/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

26511
Manufacture of electronic instruments and appliances for measuring, testing, and navigation
26512
Manufacture of electronic industrial process control equipment

Officers

Professor Matthew Charles Mowlem

director · Since 09/08/2019

ENGINEER

BRITISH · ENGLAND · Age 52

Also on 1 other board

Persons with Significant Control

Professor Matthew Charles Mowlem

25–50% shares
25–50% votes

British · England · Age 52

Unit 208 Solent Business Centre, Millbrook Road West, Southampton, SO15 0HW

Notified 09/08/2019

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 06/02/2024Registered 08/02/2024

CompanyRankvs 856+ SIC 26511 peers
30

Financial strength4th percentile among SIC peers · 1/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.77× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees11/15 pts

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

Liquidity6/20 pts

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

Longevity7/15 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 31/08/2024

Net Worth

-£142k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£107k

Working capital

Current Assets

£361k

Current Liabilities

£468k

Fixed Assets

£23k

Debtors

£258k

6avg. employees

Balance Sheet

Assets less current liabilities-£83k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.77-£157k
20231.10

Derived from filed accounts. Not audited figures.