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Watercastle Egham Ltd

14953389

active
Private Limited Company
Companies House
Health Score
59 / 100

Notable Risks

25/30
Filing
0/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

69 WATERMINT QUAY, LONDON, N16 6DN
Incorporated 22/06/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
68100
Buying and selling of own real estate

Officers

Mr Yacob Frankel

director · Since 22/06/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 49

Also on 34 other boards

Mr Hersch Schneck

director · Since 22/06/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 76 other boards

Persons with Significant Control

Watercastle Limited

75–100% shares
75–100% votes
Appoint directors

69, Watermint Quay, London, N16 6DN

Reg: 12781159 · Uk Register Of Companies · Private Company Limited By Shares

Notified 22/06/2023

Charges3 outstanding

Charge
outstanding

AL RAYAN BANK PLC

Created 20/06/2025Registered 24/06/2025
Charge
outstanding

OCTANE PROPERTY FINANCE LIMITED

Created 03/12/2024Registered 12/12/2024
Charge
outstanding

OCTANE PROPERTY FINANCE LIMITED

Created 03/12/2024Registered 12/12/2024
Charge
satisfied

KSEYE CAPITAL HOLDINGS LIMITED

Created 11/10/2023Registered 13/10/2023Satisfied 05/12/2024

CompanyRankvs 86252+ SIC 41100 peers
15

Financial strength3th percentile among SIC peers · 1/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.91× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 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.

Liquidity6/20 pts

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

Longevity3/15 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

-£304k

Balance sheet strength

Cash

£120

Cash in the bank

Net Current Assets

-£304k

Working capital

Current Assets

£3.1M

Current Liabilities

£3.4M

Debtors

£83k

Balance Sheet

Assets less current liabilities-£304k
Signed by Mr Hersch Schneck 09/05/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.91

Derived from filed accounts. Not audited figures.