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Prime Water Limited

12799207

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

123 EASTERN AVENUE, ILFORD, IG4 5AN
Incorporated 07/08/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Qamarul Islam

director · Since 07/08/2020

DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 16 other boards

Persons with Significant Control

Mr Qamarul Islam

Significant control

British · England · Age 49

144 High Road Leyton, London, E15 2BX

Notified 07/08/2020

Charges2 outstanding

Charge
outstanding

FLEET MORTGAGES LIMITED

Created 18/06/2024Registered 25/06/2024
Charge
outstanding

FLEET MORTGAGES LIMITED

Created 18/06/2024Registered 25/06/2024

CompanyRankvs 102785+ SIC 68100 peers
30

Financial strength40th percentile among SIC peers · 10/25
Employees60th percentile among SIC peers · 9/15
LiquidityNo balance sheet data · 0/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength10/25 pts

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

Employees9/15 pts

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

Liquidity0/20 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 31/08/2024

Net Worth

£15

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£23k

Working capital

Current Assets

Current Liabilities

£30k

Fixed Assets

£24k

Debtors

£6k

1avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20230.21
20220.04

Derived from filed accounts. Not audited figures.