Watersedge Heritage Ltd
- Small
- Active
- 19 years
- Accounts overdue 3 years
- Confirmation overdue 3 years
- 1 employee
- £20,319 (assets)
- Real address
- 2 directors
- 1 owner
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Watersedge Heritage Ltd from Stockport UK: small company, active status, founded 19 years ago, accounts overdue 3 years, confirmation overdue 3 years, 1 employee, £20,319 assets, real address, 2 directors, 1 owner, solo founder. It’s a small, family-run business with an active trading status. Founded nineteen years ago on February 20, 2006, the company employs just one person and holds £20,319 in assets. With a real registered address and two directors at the helm, it’s a tight-knit operation. The company operates in the manufacture of other special-purpose machinery n.e.c., and the retail sale via mail order houses or via internet industries.
The company’s website is minimal, offering little insight into its current operations beyond a basic contact form. There's no e-commerce presence or detailed product catalog, suggesting a more business-to-business model or a reliance on direct sales. It’s unclear if the company has an active online presence beyond its registration details.
Financially, Watersedge Heritage Ltd is showing some concerning trends. Accumulated depreciation has increased significantly, rising 50%, while advances to directors have jumped a staggering 1600%. Cash reserves have fallen 55% to £2,900, and net current assets are in the negative, at -£5,900. While bank borrowings have increased by 12%, and creditors have also risen, the most worrying aspect is the sharp decline in equity, dropping 23%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the equity drop and negative net current assets raise questions about its financial health. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.
In short, Watersedge Heritage Ltd appears to be struggling. The company’s solo founder and small team are facing financial pressures, and its future depends on turning around these trends.
Registered in England/Wales under the registration number 05715486, with a registered address at SK7 3PU, United Kingdom, Stockport, Cheshire, 11 Southpool Close, Bramhall.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Marsden Craig
- 9 years
- 2
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Marsden Craig
- 19 years
-
Resident of United Kingdom
-
Individual
- Marsden Alison Marie
- 19 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted four years ago.
Last news
-
Compulsory strike-off action has been suspendedDownload 1 page pdf report
-
First Gazette notice for compulsory strike-offDownload 1 page pdf report
-
Previous accounting period extended from 2021-02-24 to 2021-06-30Download 1 page pdf report
FAQ about Watersedge Heritage Ltd
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