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Watershed Technology Ltd

13809904

active
Private Limited Company
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

9TH FLOOR, LONDON, EC2V 6DN
Incorporated 20/12/2021

Compliance

Last accounts

31/01/2026

full

Next accounts due

31/10/2027

On track

Confirmation statement

Last: 19/12/2025

Due 02/01/2027

On track

Industry

58290
Other software publishing

Officers

Ohs Secretaries Limited

secretary · Since 20/12/2021

Also on 436 other boards

Taylor Matlock Francis

director · Since 01/12/2025

AMERICAN · UNITED STATES · Age 34

Mr Christian Coolidge Anderson

director · Since 05/02/2026

AMERICAN · UNITED STATES · Age 36

Charges1 outstanding

Charge
outstanding

HSBC INNOVATION BANKING

Created 25/11/2024Registered 28/11/2024

CompanyRankvs 975+ SIC 58290 peers
52

Financial strength98th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.02× · 12/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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975Watershed Technology Ltd
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 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.

Longevity5/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the Directors with respect to going concern are d

Key FinancialsYear ending 31/01/2026

Turnover

£16.1M

Annual revenue

Net Worth

£2.1M

Balance sheet strength

Cash

£665k

Cash in the bank

Profit Before Tax

£1.2M

Bottom line earnings

Net Current Assets

£629k

Working capital

Current Assets

£40.2M

Current Liabilities

£39.6M

Fixed Assets

£1.7M

Debtors

£39.5M

Gross Profit

£16.1M

Admin Expenses

£14.9M

Operating Profit

£1.2M

Profit After Tax

£753k

75avg. employees+12

Tax at Year End

Corp tax£214k

People Costs

Wages & salaries£11.1M
NI contributions£1.6M

Balance Sheet

Assets less current liabilities£2.3M
Prepared with Caseware UK (AP4) 2025.0.111

EstimatesDerived

YearCurrent RatioImplied Profit
20261.02+£753k
20251.03+£766k
20241.07+£418k
20231.18—

Derived from filed accounts. Not audited figures.