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Watercastle Limited

12781159

active
Private Limited Company
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • 3 outstanding charges (-6)

Details

69 WATERMINT QUAY, LONDON, N16 6DN
Incorporated 30/07/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Yacob Frankel

director · Since 30/07/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 34 other boards

Mr Hersch Schneck

director · Since 30/07/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 76 other boards

Persons with Significant Control

Watercrown Group Limited

25–50% shares
25–50% votes
Appoint directors

69, Watermint Quay, London, N16 6DN

Reg: 11764020 · Uk Register Of Companies · 1private Company Limited By Shares

Notified 30/07/2020

Accelebate Ltd

25–50% shares
25–50% votes
Appoint directors

26, Theydon Road, London, E5 9NA

Reg: 12877616 · Uk Register Of Companies · Private Company Limited By Shares

Notified 01/01/2021

Former PSCs

Klifer Developments Ltd

Ceased 01/01/2021

Charges3 outstanding

Charge
outstanding

UNITED TRUST BANK LIMITED

Created 09/05/2025Registered 16/05/2025
Charge
outstanding

UNITED TRUST BANK LIMITED

Created 09/05/2025Registered 16/05/2025
Charge
outstanding

UNITED TRUST BANK LIMITED

Created 09/05/2025Registered 16/05/2025
Charge
satisfied

SHAWBROOK BANK LIMITED

Created 25/01/2021Registered 27/01/2021Satisfied 05/01/2024
Charge
satisfied

SHAWBROOK BANK LIMITED

Created 25/01/2021Registered 27/01/2021Satisfied 05/01/2024
Charge
satisfied

KSEYE CAPITAL HOLDINGS LIMITED

Created 15/10/2020Registered 19/10/2020Satisfied 26/04/2022

CompanyRankvs 41687+ SIC 68100 peers
47

Financial strength97th percentile among SIC peers · 24/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 1.44× · 12/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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41687Watercastle Limited
56
How is this score calculated?
Financial strength24/25 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.

Liquidity12/20 pts

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

Longevity6/15 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 31/07/2024

Net Worth

£1.5M

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

£1.5M

Working capital

Current Assets

£4.9M

Current Liabilities

£3.4M

Debtors

£1.3M

Tax at Year End

Corp tax£368k

Balance Sheet

Assets less current liabilities£1.5M
Signed by Mr Hersch Schneck 09/05/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.44+£1.4M
20232.00+£739k
20222.73-£284k
20211.92—

Derived from filed accounts. Not audited figures.