Waterman Environmental Services Limited

Waterman Environmental Services Ltd from Lichfield UK: a small holding company with an active status, was founded 26 years ago and employs 49 people. The company holds £1,868,142 in assets and operates from a real address, overseen by five directors and a single owner. It boasts a solid Google rating of 4.0 based on four reviews and is an irregular importer of optical and medical tools and devices, with recent imports occurring one month ago.

The company’s core business revolves around environmental consulting, professional and technical services, and building and industrial cleaning. Its website showcases a range of services, including legionella testing, water hygiene assessments, training, and product sales. A key offering is the Watermanage portal, an online monitoring system designed for compliance management. The website also highlights a partnership with BIOCare Technologies, focusing on white biotechnology solutions. Mercian Science, a UKAS accredited testing laboratory, is also featured, offering water and environmental analysis.

Financially, Waterman Environmental Services Ltd presents a mixed picture. Creditors have increased significantly, jumping 51% to £610,000, while cash reserves have fallen 57% to £24,000. Bank borrowings remained stable at £270,000. Net assets, however, have seen a substantial increase of 60%, reaching £750,000, likely due to retained earnings. Trade debtors have also risen, increasing by 62% to £770,000. The company meets the criteria for a small business, with turnover below £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, which is typical for companies of this size. The increase in creditors, while concerning, could be a result of expanding operations and increased purchasing. The company's small size allows for agility, but the rise in debtors suggests a need to monitor cash flow closely.

Registered in England/Wales under the registration number 03626151, with a registered address at WS14 9TZ, Lichfield, Staffordshire, Aqua House Britannia Enterprise Park, Europa Way.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
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