waterman compliance services limited
waterman compliance services limited Company Information
Company Number
05023414
Next Accounts
Jun 2025
Industry
Building and industrial cleaning activities (other than window cleaning, specialised cleaning and furnace and chimney cleaning services) n.e.c.
Environmental consulting activities
Shareholders
waterman environmental group limited
johneen ross black
View AllGroup Structure
View All
Contact
Registered Address
aqua house britannia enterprise, europa way, lichfield, staffordshire, WS14 9TZ
waterman compliance services limited Estimated Valuation
Pomanda estimates the enterprise value of WATERMAN COMPLIANCE SERVICES LIMITED at £1.3m based on a Turnover of £1.9m and 0.67x industry multiple (adjusted for size and gross margin).
waterman compliance services limited Estimated Valuation
Pomanda estimates the enterprise value of WATERMAN COMPLIANCE SERVICES LIMITED at £884.1k based on an EBITDA of £187.4k and a 4.72x industry multiple (adjusted for size and gross margin).
waterman compliance services limited Estimated Valuation
Pomanda estimates the enterprise value of WATERMAN COMPLIANCE SERVICES LIMITED at £1m based on Net Assets of £454.4k and 2.29x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Waterman Compliance Services Limited Overview
Waterman Compliance Services Limited is a live company located in lichfield, WS14 9TZ with a Companies House number of 05023414. It operates in the environmental consulting activities sector, SIC Code 74901. Founded in January 2004, it's largest shareholder is waterman environmental group limited with a 70% stake. Waterman Compliance Services Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.9m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Waterman Compliance Services Limited Health Check
Pomanda's financial health check has awarded Waterman Compliance Services Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
4 Regular
2 Weak
Size
annual sales of £1.9m, make it larger than the average company (£892.5k)
- Waterman Compliance Services Limited
£892.5k - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a similar rate (10.1%)
- Waterman Compliance Services Limited
10.1% - Industry AVG
Production
with a gross margin of 47.3%, this company has a comparable cost of product (47.3%)
- Waterman Compliance Services Limited
47.3% - Industry AVG
Profitability
an operating margin of 9.6% make it more profitable than the average company (6.5%)
- Waterman Compliance Services Limited
6.5% - Industry AVG
Employees
with 34 employees, this is above the industry average (11)
34 - Waterman Compliance Services Limited
11 - Industry AVG
Pay Structure
on an average salary of £35k, the company has an equivalent pay structure (£35k)
- Waterman Compliance Services Limited
£35k - Industry AVG
Efficiency
resulting in sales per employee of £55.1k, this is less efficient (£84.3k)
- Waterman Compliance Services Limited
£84.3k - Industry AVG
Debtor Days
it gets paid by customers after 54 days, this is near the average (57 days)
- Waterman Compliance Services Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 27 days, this is slower than average (24 days)
- Waterman Compliance Services Limited
24 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (18 days)
- Waterman Compliance Services Limited
18 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 26 weeks, this is less cash available to meet short term requirements (36 weeks)
26 weeks - Waterman Compliance Services Limited
36 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 34.7%, this is a lower level of debt than the average (59.7%)
34.7% - Waterman Compliance Services Limited
59.7% - Industry AVG
WATERMAN COMPLIANCE SERVICES LIMITED financials
Waterman Compliance Services Limited's latest turnover from September 2023 is estimated at £1.9 million and the company has net assets of £454.4 thousand. According to their latest financial statements, Waterman Compliance Services Limited has 34 employees and maintains cash reserves of £119.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 34 | 32 | 20 | 20 | 12 | ||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 9,682 | 10,704 | 11,318 | 9,715 | 5,462 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 700 | 700 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 10,382 | 11,404 | 11,318 | 9,715 | 5,462 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 3,500 | 3,500 | 3,500 | 3,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 280,790 | 491,197 | 318,169 | 257,644 | 247,005 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 268,247 | 13,138 | 45,540 | 107,339 | 700 | 100 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 13,253 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 119,546 | 16,887 | 34,342 | 36,246 | 135,371 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 685,336 | 524,722 | 401,551 | 404,729 | 383,076 | 100 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total assets | 695,718 | 536,126 | 412,869 | 414,444 | 388,538 | 100 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 74,045 | 80,607 | 63,893 | 40,425 | 50,992 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 4,532 | 0 | 0 | 150,954 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 164,887 | 131,768 | 70,232 | 77,813 | 60,735 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 238,932 | 216,907 | 134,125 | 168,238 | 262,681 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 2,348 | 2,034 | 2,150 | 1,846 | 1,038 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 2,348 | 2,034 | 2,150 | 1,846 | 1,038 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 241,280 | 218,941 | 136,275 | 170,084 | 263,719 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| net assets | 454,438 | 317,185 | 276,594 | 244,360 | 124,819 | 100 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total shareholders funds | 454,438 | 317,185 | 276,594 | 244,360 | 124,819 | 100 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 7,964 | 4,964 | 3,863 | 2,770 | 1,366 | 0 | |||||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||
| Tax | |||||||||||||||
| Stock | 0 | 0 | 0 | 3,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 57,955 | 141,326 | -1,274 | 117,278 | 247,605 | 100 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | -6,562 | 16,714 | 23,468 | -10,567 | 50,992 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 33,119 | 61,536 | -7,581 | 17,078 | 60,735 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 314 | -116 | 304 | 808 | 1,038 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -4,532 | 4,532 | 0 | -150,954 | 150,954 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 102,659 | -17,455 | -1,904 | -99,125 | 135,371 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | -50,000 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 102,659 | -17,455 | 48,096 | -149,125 | 135,371 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
waterman compliance services limited Credit Report and Business Information
Waterman Compliance Services Limited Competitor Analysis
Perform a competitor analysis for waterman compliance services limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in WS14 area or any other competitors across 12 key performance metrics.
waterman compliance services limited Ownership
WATERMAN COMPLIANCE SERVICES LIMITED group structure
Waterman Compliance Services Limited has no subsidiary companies.
Ultimate parent company
1 parent
WATERMAN COMPLIANCE SERVICES LIMITED
05023414
waterman compliance services limited directors
Waterman Compliance Services Limited currently has 6 directors. The longest serving directors include Mr John Lewis (Apr 2004) and Mrs Hannah Lewis-Walters (May 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Lewis | 74 years | Apr 2004 | - | Director | |
| Mrs Hannah Lewis-Walters | 38 years | May 2019 | - | Director | |
| Mr Aaron Black | 41 years | May 2019 | - | Director | |
| Mrs Lynsey McCosh | 42 years | May 2019 | - | Director | |
| Mrs Annette Lewis | 73 years | May 2019 | - | Director | |
| Mr Johneen Black | 36 years | May 2019 | - | Director |
P&L
September 2023turnover
1.9m
-18%
operating profit
179.4k
0%
gross margin
47.4%
+11.37%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
454.4k
+0.43%
total assets
695.7k
+0.3%
cash
119.5k
+6.08%
net assets
Total assets minus all liabilities
Similar Companies
waterman compliance services limited company details
company number
05023414
Type
Private limited with Share Capital
industry
74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
81229 - Building and industrial cleaning activities (other than window cleaning, specialised cleaning and furnace and chimney cleaning services) n.e.c.
74901 - Environmental consulting activities
incorporation date
January 2004
age
20
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2023
previous names
miox (uk) limited (September 2018)
ridgetech environmental limited (February 2008)
accountant
THE BOSS PARTNERSHIP
auditor
-
address
aqua house britannia enterprise, europa way, lichfield, staffordshire, WS14 9TZ
Bank
LLOYDS BANK PLC, LLOYDS BANK PLC
Legal Advisor
-
waterman compliance services limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 2 charges/mortgages relating to waterman compliance services limited. Currently there are 2 open charges and 0 have been satisfied in the past.
waterman compliance services limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for WATERMAN COMPLIANCE SERVICES LIMITED. This can take several minutes, an email will notify you when this has completed.
waterman compliance services limited Companies House Filings - See Documents
| date | description | view/download |
|---|
