Company Overview
Watergate Primary Care Network Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Wednesday 07 August 2019. Watergate Primary Care Network Limited has been in business for 6 years and 7 months. The accounts status is total exemption full and the accounts are next due on Thursday 31 December 2026.
Registered Address

Petroc Group Practice, Trekenning Road, St Columb, Cornwall, TR9 6RR
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Companies House Data
Company NameWATERGATE PRIMARY CARE NETWORK LIMITED
Company Number12142722
Registered Office AddressPetroc Group Practice
 Trekenning Road
 TR9 6RR
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date07/08/2019
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2026
Accounts Last Made Up Date31/03/2025
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date04/09/2020
Directors & Members
Show Resigned
Susan Beadle - Director
(British, 59 years old, born February 1967)
Appointed 07 August 2019
Active
Dominic Brown - Director
(British, 56 years old, born October 1970)
Appointed 07 August 2019
Active
Emma King - Director
(British, 50 years old, born August 1976)
Appointed 12 April 2021
Active
Jane Meachem - Director
(British, 54 years old, born February 1972)
Appointed 07 August 2019
Active
Oliver Prescott - Director
(British, 41 years old, born April 1985)
Appointed 02 January 2024
Active
Jennifer Quigg - Director
(British, 53 years old, born November 1973)
Appointed 01 February 2025
Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Susan Beadle
DREHEVYANS LIMITED
Dominic Brown
KERNOW HEALTH MID LIMITED
Emma King
No companies found
Jane Meachem
No companies found
Oliver Prescott
MEDIETH LIMITED
Jennifer Quigg
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Balance Sheet
Fixed Assets 0 0 0
Current Assets 422,221 422,221 88,736
Creditors Due Within One Year 175,145 175,145 21,529
Working Cap 597,366 597,366 110,265
Total Assets Less Current Liabilities 247,076 247,076 67,207
Long-term Liabilities 0 0 0
Net Assets 247,076 247,076 67,207
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 247,076 247,076 67,207
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Tangible Fixed Assets - - -
Fixed Assets 0.0% 0.0% 0.0%
Stocks Inventory - - -
Debtors 45.7% 45.7% 85.8%
Cash Bank In Hand 54.3% 54.3% 14.2%
Current Assets 100.0% 100.0% 100.0%
Creditors Due Within One Year 41.5% 41.5% 24.3%
Net Current Assets Liabilities - - -
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 58.5% 58.5% 75.7%
Capital Employed - - -
Total Assets Less Current Liabilities 58.5% 58.5% 75.7%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Liquidity Ratio 2.4 2.4 4.1
Solvency Ratio 2.4 2.4 4.1
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Assets 422,221 422,221 88,736
Debt 175,145 175,145 21,529
Net Assets/Debt 247,076 247,076 67,207

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due
Paid After
30 days due
Owing Before
30 days due
Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.

Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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SARAH VAUX LIMITED
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Document Filings
Confirmation statement made on 21 April 2025 with updates
Appointment of Dr Jennifer Quigg as a director on 1 February 2025
Termination of appointment of Rutesh Patel as a director on 1 February 2025
Confirmation statement made on 21 April 2024 with updates
Appointment of Dr Oliver Richard Prescott as a director on 2 January 2024
Termination of appointment of Annabel Victoria Louise Lee as a director on 1 January 2023
Termination of appointment of Stephen Seale as a director on 31 March 2023
Confirmation statement made on 21 April 2023 with updates
Appointment of Dr Rutesh Patel as a director on 31 March 2023
Confirmation statement made on 21 April 2022 with updates
Appointment of Mrs Emma King as a director on 12 April 2021
Termination of appointment of Ian Patrick Gibson as a director on 12 April 2021
Confirmation statement made on 21 April 2021 with updates
Confirmation statement made on 6 August 2020 with updates
Director's details changed for Mr Ian Patrick Gibson on 15 September 2020
Notification of a person with significant control statement
Cessation of Annabel Victoria Louise Lee as a person with significant control on 8 October 2019
Cessation of Stephen Seale as a person with significant control on 8 October 2019
Cessation of Dominic Harold Brown as a person with significant control on 8 October 2019

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