Water Engineering Services Fabrication Ltd
13182359
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 05/02/2021
DIRECTOR
BRITISH · ENGLAND · Age 42
Also on 1 other board
Persons with Significant Control
Water Engineering Services Limited
Unit 2, Craven Street, Bury, BL9 7PP
Notified 07/04/2025
Former PSCs
Mr Daniel Michael Bolton
Ceased 07/04/2025
CompanyRankvs 6662+ SIC 25990 peers28
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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 06/04/2025
Net Worth
-£117k
Balance sheet strength
Cash
£6k
Cash in the bank
Net Current Assets
-£218k
Working capital
Current Assets
£2.0M
Current Liabilities
£2.3M
Fixed Assets
£100k
Debtors
£1.6M
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.90 | +£9k |
| 2024 | 2.42 | +£11k |
| 2023 | 1.08 | — |
Derived from filed accounts. Not audited figures.