WATERSIDE COLOURS LIMITED
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Cash
£1.9m
+88.8% highest in 6 filed years
Net assets
£5.1m
+15% highest in 6 filed years
Employees
27
-3.6% lowest in 6 filed years
Profit before tax
£808k
+20.7% vs 2024
Net assets
6-year trend · vs Basic Materials median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | £18,679,688 | £19,480,806 | £22,135,294 | £21,279,775 | £20,401,997 | £18,956,984 | -7.1% | |
| Operating profit | £1,489,458 | £1,231,118 | £1,080,481 | £572,578 | £784,402 | £864,985 | +10.3% | |
| Profit before tax | £1,436,832 | £1,190,324 | £1,008,164 | £418,190 | £669,269 | £807,625 | +20.7% | |
| Net profit | £1,156,250 | £961,703 | £825,482 | £310,965 | £496,208 | £657,396 | +32.5% | |
| Cash | £1,538,864 | £1,007,998 | £989,323 | £1,650,946 | £1,004,696 | £1,897,285 | +88.8% | |
| Total assets less current liabilities | £1,838,951 | £2,795,031 | £3,615,619 | £3,957,368 | £4,425,682 | £5,053,642 | +14.2% | |
| Net assets | £1,804,541 | £2,766,244 | £3,591,726 | £3,900,038 | £4,396,246 | £5,053,642 | +15% | |
| Equity | £1,804,541 | £2,766,244 | £3,591,726 | £3,900,038 | £4,396,246 | £5,053,642 | +15% | |
| Average employees | 37 | 36 | 37 | 36 | 28 | 27 | -3.6% | |
| Wages | £1,330,102 | £1,339,230 | £1,548,627 | £1,756,322 | £1,585,558 | £1,676,019 | +5.7% | |
| Directors' remuneration | £38,400 | £38,400 | £39,380 | £50,160 | £50,160 | £98,340 | +96.1% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | 8.0% | 6.3% | 4.9% | 2.7% | 3.8% | 4.6% | |
| Net margin | 6.2% | 4.9% | 3.7% | 1.5% | 2.4% | 3.5% | |
| Return on capital employed | 81.0% | 44.0% | 29.9% | 14.5% | 17.7% | 17.1% | |
| Current ratio | — | — | — | 1.42x | 1.58x | 1.38x | |
| Interest cover | 28.25x | 30.18x | 14.94x | 3.67x | 6.58x | 12.39x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Azets Audit Services Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Having considered the Group's financial resources, forecast cash flows and trading prospects, the Directors remain confident in the Group's ability to meet its obligations as they fall due. Accordingly, they consider it appropriate to prepare the financial statements on the going concern basis.”
Group structure
- WATERSIDE COLOURS LIMITED · parent
- Waterside Colours Inc. 100%
- Waterside Colours BV 100%
Significant events
- “Shortly after the year end, the company succeeded in disposing of the freehold land and buildings of its former manufacturing facility in Halifax. The profit on disposal which was in the region of £650,000 has been recognised at the time of sale in 2026.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BANKS-COOPER, Simon Andrew | Director | 2016-09-08 | Jun 1965 | British |
| CORTAZZI, William Julian | Director | 2016-12-16 | Jun 1961 | British |
| SINGHANIA, Siddharth | Director | 2016-09-08 | Nov 1982 | Indian |
| SINGHANIA, Vinod | Director | 2016-09-08 | Mar 1957 | Indian |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Siddharth Singhania | Individual | Significant influence | 2016-09-08 | Active |
| Vinod Singhania | Individual | Significant influence | 2016-09-08 | Active |
Filing timeline
Last 20 of 22 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-07-30 | AA | accounts | Accounts with accounts type group | |
| 2025-09-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-21 | AA | accounts | Accounts with accounts type group | |
| 2024-09-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-27 | AA | accounts | Accounts with accounts type full | |
| 2023-09-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-26 | AA | accounts | Accounts with accounts type full | |
| 2022-09-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-06-30 | AA | accounts | Accounts with accounts type full | |
| 2021-09-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-07-05 | AA | accounts | Accounts with accounts type full | |
| 2020-09-29 | AA | accounts | Accounts with accounts type full | |
| 2020-09-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-09-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-07-19 | AA | accounts | Accounts with accounts type total exemption full | |
| 2018-09-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2018-06-07 | AA | accounts | Accounts with accounts type total exemption full | |
| 2018-05-11 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2017-12-14 | AA01 | accounts | Change account reference date company current extended | |
| 2017-09-21 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.