WATERTRACE LIMITED

Active
Company number 04359408Private limited companyIncorporated 2002

Key figures

£6,762,986+4.0%
Net assets 2024/25
+36.3%
Average annual growth 2019/20–2024/25
02 m4 m6 m8 m2019/202020/212021/222022/232023/242024/25

Like most small UK companies, WATERTRACE LIMITED does not publish a profit and loss account in its latest accounts. The figures below come from the balance sheet.

Ratios

2024/25

Sector comparison

SIC 62012

Where the company stands among the 94,838 active companies whose first SIC code is 62012 (Business and domestic software development).

Net assets£6,762,986
Higher than 98% · median £5,654
Total assets£6,827,223
Higher than 96% · median £30,253
Cash£2,028,073
Higher than 95% · median £31,882
Employees5
Higher than 85% · median 1
Company age24.8 years
Older than 96% · median 2.2 years
Largest in this sector by net assets
  1. SYSTEMSLINK 2000 LTD.£2.2bn
  2. ITC INFOTECH LIMITED£1.1bn
  3. ORACLE CORPORATION UK LIMITED£782.7m
  4. SLICED BREAD LIMITED£706.1m
  5. SOPHOS LIMITED£682m
  6. ION CAPITAL UK LIMITED£524.3m
  7. INNOVA SOURCE LTD£500m
  8. TRAILFINDERS LIMITED£462m
  9. ATG HOLDINGS LIMITED£395.7m
  10. JELLYFISH DIGITAL GROUP LIMITED£314.8m

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 94,838. The line on each bar marks the median.

Summary: WATERTRACE LIMITED

What kind of company is it?

WATERTRACE LIMITED is a private limited company registered with Companies House under company number 04359408. It was incorporated on 24 Jan 2002. Its status is active. The registered office is in London (EC3V). Its nature of business (SIC 2007) is business and domestic software development (62012), information technology consultancy activities (62020), management consultancy activities other than financial management (70229).

How is the company doing financially?

The latest accounts in the database are for 2024/25 (period ending 31 Mar 2025); the company files abridged accounts (unaudited). Net assets were £6,762,986, up 4% on the previous year. Cash at bank and in hand was £2,028,073. Total assets were £6,827,223 and total liabilities £64,237. The company had an average of 5 employees. Figures are available for 6 financial years (2019/20–2024/25).

How does it compare with similar companies?

Compared with 94,838 active companies whose first SIC code is 62012: By net assets it ranks higher than 98% of them (median £5,654). By total assets it ranks higher than 96% of them (median £30,253). By cash it ranks higher than 95% of them (median £31,882). By number of employees it ranks higher than 85% of them (median 1). It is older than 96% of them (median age 2.2 years).

Does it supply the public sector?

The company is named as the supplier in one public contract award notice, from Flood Re. Contracts awarded to it alone have a combined published value of £1.6m.

Who runs and controls the company?

The company has 1 current director. One person with significant control is registered.

When are its next filings due?

The next accounts are due by 31 Dec 2026. The next confirmation statement is due by 6 Feb 2027.

Filed accounts2019/20–2024/25
2020/212021/222022/232023/242024/25
Cash at bank and in hand2,538,5503,918,6554,438,1105,083,8072,028,073
Total assets3,143,4004,529,0946,588,9326,701,2046,827,223
Total liabilities841,832924,811887,920503,71564,237
Net assets / total equity2,301,5683,604,2835,701,0126,504,8616,762,986
Average number of employees97965

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

Public contracts

1 contract

WATERTRACE LIMITED is named as a supplier in 1 public contract award notice from Flood Re. Its published value is £1.6m.

Contract
  1. Provision for Bordereaux Management Systems‡Flood Re · £1,584,000

From contract award notices on Contracts Finder (since 2016) and Find a Tender (since 2021), published by the Cabinet Office under the Open Government Licence v3.0. Values are as published by the buyer and usually cover the whole contract term; the total leaves out awards shared between several suppliers, where the published figure is a ceiling for all of them, placeholder values and single figures of £1 billion or more. Notices marked ‡ do not state a company number and were linked by an exact match on the registered name. Contracts below the publication thresholds and those of devolved buyers that publish elsewhere are not included.

History

16 events
  1. Financial year 2024/25 endedAccounts: net assets £6.8m, 5 employees
  2. Financial year 2023/24 endedAccounts: net assets £6.5m, 6 employees
  3. Financial year 2022/23 endedAccounts: net assets £5.7m, 9 employees
  4. Financial year 2021/22 endedAccounts: net assets £3.6m, 7 employees
  5. Financial year 2020/21 endedAccounts: net assets £2.3m, 9 employees
  6. Financial year 2019/20 endedAccounts: net assets £1.4m, 10 employees
  7. Mr Michael Barr registered as a person with significant control
  8. Carol BARR appointedSecretary
Earlier events (8)
  1. Ian Hamish Noel MACKAY resignedSecretary
  2. Ian Hamish Noel MACKAY resignedDirector
  3. Ian Hamish Noel MACKAY appointedSecretary
  4. Ian Hamish Noel MACKAY appointedDirector
  5. Nicole MATHISON resignedSecretary
  6. Michael BARR appointedDirector
  7. Nicole MATHISON appointedSecretary
  8. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current persons with significant control, and the end of each financial year with figures in the database. Former persons with significant control are not listed.