# WATERTRACE LIMITED (04359408)

> WATERTRACE LIMITED is an active private limited company (company number 04359408) incorporated on 24 January 2002, registered in London. Its registered activity is business and domestic software development (SIC 62012). Latest abridged accounts cover the period ending 31 March 2025, showing net assets of £6.76m and cash of £2.03m, with 5 employees on average. As abridged accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 4% on the prior period (£6.50m).

- Status: Active
- Incorporated: 2002-01-24
- Registered office: London, EC3V 4AB
- SIC 62012: Business and domestic software development
- SIC 62020: Information technology consultancy activities
- SIC 70229: Management consultancy activities other than financial management
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-02-07
- Accounts type: UNAUDITED ABRIDGED

By net assets it sits in the top quarter of 15,170 comparable companies in London (median £702, upper quartile £27k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £6.76m | £2.03m | £4.46m | £64k | — | — | 5 |
| 2024-03-31 | £6.50m | £5.08m | £1.57m | £504k | — | — | 6 |

current ratio 101.03; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £6,762,986 at 31 March 2025
- Current assets at least 1.5× creditors within one year: Current ratio 101.03
- Cash at bank of £50,000 or more: Cash £2,028,073
- Incorporated five or more years ago: Incorporated 24 January 2002

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Michael Barr — owns 75–100% of shares, since 2016-04-06

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/04359408
HTML: https://firmoscan.com/company/04359408-watertrace-limited