WATERLINE LIMITED
Company number 00428931 · Monitor this company
Executive summary
Waterline Limited represents a failed investment case - the company is already in administration following a severe financial deterioration from profit to a £2.08m loss, with revenue declining 21.5% and margins compressing. The macro headwinds affecting the kitchen and home improvement sector (inflation, interest rates, housing market slowdown) proved insurmountable despite the company's 77-year trading history. Any residual value will be determined by the administrator's proposals and creditor hierarchy, with the 75%+ shareholder (Waterline Group Plc) likely facing significant or total equity loss. The critical due diligence question is not whether this investment can be salvaged, but whether any value can be recovered for creditors and what the implications are for related group entities.
Overview
- Company type
- Private Limited Company
- Incorporated
- 1947-02-03
- Registered office
- 5th Floor Grove House, 248a Marylebone Road, London, NW1 6BB
- Postcode
- NW1 6BB
- Capital
- 7,064 GBP
- Accounts category
- Full
- Charges
- 8 outstanding
Accounts
- Last made up to
- 2024-03-31
- Next due by
- 2026-01-05
- Financial year end
- 5 April
Confirmation statement
- Last statement dated
- 2025-03-30
- Next due by
- 2026-04-13
Nature of business (SIC)
- 46439 Wholesale of radio, television goods & electrical household appliances (other than records, tapes, CD's & video tapes and the equipment used for playing them)
- 46470 Wholesale of furniture, carpets and lighting equipment
- 46900 Non-specialised wholesale trade
Officers 5 current · 23 resigned
Group structure 1 subsidiary
Controlled by WATERLINE GROUP PLC — since 2016-04-06
-
MPC HOLDINGS LIMITED Dissolved
From persons-with-significant-control filings on the public register.
Modern slavery statement
Registered a modern slavery statement for 2025 (period to 2025-03-31) — 5 years on the registry.
Read the statement summary on the government modern slavery statement registry. Contains public sector information licensed under the Open Government Licence v3.0.
Contact details
- Website
- waterline.co.uk
- Phone
- 03330149149
The UK's largest kitchen furniture, appliance, sinks, taps and ancillary kitchen products supplier, to the independent kitchen specialist sector.
Previous company names
| Name | Date changed |
|---|---|
| JENNA GROUP LIMITED(THE) | 1991-05-24 |
| HOLLOWAY FURNITURE COMPANY LIMITED | 1986-07-14 |
Previous registered addresses 10
| Address | Changed on |
|---|---|
| JENNA HOUSE, NORTH CRAWLEY ROAD, NEWPORT PAGNELL, BUCKINGHAMSHIRE, MK16 9TG | 2013-04-08 |
| 66 BROOMFIELD ROAD, CHELMSFORD, CM1 1SW | 2006-07-20 |
| JENNA HOUSE, NORTH CRAWLEY ROAD, NEWPORT PAGNELL, BUCKINGHAMSHIRE MK16 9QA | 2006-04-27 |
| 66 BROOMFIELD ROAD, CHELMSFORD, ESSEX CM1 1SW | 2006-03-29 |
| JENNA HOUSE, NORTH CRAWLEY ROAD, NEWPORT PAGNELL, BUCKINGHAMSHIRE MK16 9QA | 2002-10-17 |
| JENNA HOUSE, JENNA WAY, NEWPORT PAGNELL, BUCKS MK16 9QA | 2001-04-27 |
| JENNA HOUSE, JENNA WAY, NEWPORT PAGNELL, BUCKS MK16 9QA | 2001-04-27 |
| 10 ALDERMANS HILL, PALMERS GREEN, LONDON, N13 4PJ | 1991-05-24 |
| JENNA HOUSE, TARIFF ROAD, LONDON, N17 0EH | 1990-02-19 |
| 4/5 THE HIGH CROSS CENTRE, FOUNTAYNE ROAD, TOTTENHAM HALE, LONDON N15 4QL | 1987-10-27 |
Property in England & Wales 2 titles
- Leasehold
- 2
- Most recent registration
- 2015-04-29
- Where
- Bath And North East Somerset (1), Greater Manchester (1)
| Title number | County | Tenure | Registered | Price paid |
|---|---|---|---|---|
| ST320157 | Bath And North East Somerset | Leasehold | 2015-04-29 | — |
| MAN134158 | Greater Manchester | Leasehold | 2009-01-07 | — |
For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).
Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.