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Watershed Technology Ltd

13809904

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
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

31/01/2025

small

Next accounts due

31/10/2026

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 35

Charges1 outstanding

Charge
outstanding

HSBC INNOVATION BANKING

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

CompanyRankvs 971+ SIC 58290 peers
51

Financial strength98th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.03× · 12/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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971Watershed Technology Ltd
71
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.

Longevity4/15 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

Based on these assessments and having regard to the resources available to the entity, the directors have concluded that there is no material uncertainty and that they can continue to adopt the going concern basis in preparing the annual report and accounts. 3.2 Foreign currency translation Functional and presentation currency The Company 's functional and presentational currency is GBP . Tr

Key FinancialsYear ending 31/01/2025

Net Worth

£1.3M

Balance sheet strength

Cash

£642k

Cash in the bank

Net Current Assets

£617k

Working capital

Current Assets

£24.2M

Current Liabilities

£23.5M

Fixed Assets

£701k

Debtors

£23.5M

63avg. employees+38

Tax at Year End

Corp tax£385k

Balance Sheet

Assets less current liabilities£1.3M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

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

Derived from filed accounts. Not audited figures.