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Multi Water Solutions Ltd

15275955

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

GROUND FLOOR, BATH, BA1 1JQ
Incorporated 10/11/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

52220
Service activities incidental to water transportation

Officers

Benjamin James Godfrey

director · Since 10/11/2023

British

Louise Godfrey

director · Since 10/11/2023

British

CompanyRankvs 7080+ SIC 52220 peers
28

Financial strength8th percentile among SIC peers · 2/25
Employees40th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.24× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees6/15 pts

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

Liquidity2/20 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

-£16k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£37k

Working capital

Current Assets

£11k

Current Liabilities

£48k

Fixed Assets

£21k

1avg. employees

Balance Sheet

Assets less current liabilities-£16k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20240.24

Derived from filed accounts. Not audited figures.