Water Logic Works Ltd
12776442
Healthy
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 29/07/2020
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 60
Also on 10 other boards
Persons with Significant Control
Mr David Simon Carr
British · England · Age 60
34, Edwin Road, Gillingham, ME8 0AB
Notified 29/07/2020
CompanyRankvs 5207+ SIC 74901 peers45
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/07/2025
Turnover
£300k
Annual revenue
Net Worth
-£13k
Balance sheet strength
Cash
£28k
Cash in the bank
Profit Before Tax
£16k
Bottom line earnings
Net Current Assets
£12k
Working capital
Current Assets
£58k
Current Liabilities
£46k
Fixed Assets
£0
Debtors
£30k
Cost of Sales
£228k
Gross Profit
£73k
Admin Expenses
£57k
Operating Profit
£16k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.27 | +£13k |
| 2024 | 1.13 | -£20k |
| 2023 | 3.53 | -£20k |
| 2022 | 2.46 | — |
Derived from filed accounts. Not audited figures.