WET AUDITORS LIMITED
Company number 06382322 · Monitor this company
Executive summary
Wet Auditors Limited presents a declining credit profile characterized by a 79.6% collapse in net assets over a single year, aggressive dividend extraction of £215,000 annually to its parent company, and significant intercompany dependency (£48,104 owed to parent equals 70.6% of net assets). While the company remains solvent with a positive but thinning current ratio of 1.56x, the trajectory is deeply concerning. Any credit facility should be conditional upon parent company guarantees, dividend restrictions, and covenant protections requiring minimum working capital and net asset thresholds.
Shareholders' funds
£234
Balance sheet as at 2025-11-30
Overview
- Company type
- Private Limited Company
- Incorporated
- 2007-09-26
- Employees
- 4 (2025 accounts)
- Registered office
- C/O Sempar, Office 2. 026 Innovation Centre 7, Keele University, Keele, Staffordshire, United Kingdom, ST5 5NU
- Postcode
- ST5 5NU
- Capital
- 2 GBP
- Accounts category
- Total Exemption Full
Accounts
- Last made up to
- 2025-11-30
- Next due by
- 2027-08-31
- Financial year end
- 30 November
Confirmation statement
- Last statement dated
- 2025-09-22
- Next due by
- 2026-10-06
Nature of business (SIC)
- 96090 Other service activities not elsewhere classified
Officers 1 current · 3 resigned
Group structure
Controlled by REFLECTION PROPERTIES LIMITED — since 2022-11-10
From persons-with-significant-control filings on the public register.
Data protection registration
Registered with the ICO as a data protection fee payer — ZB212584 (Tier 1), registered since 2021.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Previous company names
| Name | Date changed |
|---|---|
| SHK 107 LIMITED | 2008-01-31 |
Previous registered addresses 5
| Address | Changed on |
|---|---|
| 33 EASTGATE STREET, STAFFORD, ST16 2LZ | 2019-01-16 |
| AUDLEY HOUSE 35 MARSH PARADE, NEWCASTLE, STAFFS, ST5 1BT | 2015-04-27 |
| 16 WATER STREET, NEWCASTLE, STAFFS, ST5 1HN, ENGLAND | 2011-12-08 |
| 10 TIVERTON AVENUE, WEEPING, CROSS, STAFFORD, STAFFS, ST17 0HA | 2011-10-14 |
| 16 WATER STREET, NEWCASTLE, STAFFORDSHIRE ST5 1HN | 2008-02-05 |
Among its peers
Among the biggest employers
of 327 similar companies in ST, with 4 staff. Among the oldest 25% of its local peers.
Competitors Stoke-On-Trent
-
2. ENSARB LTD
This company ranks 309 among other service activities not elsewhere classified in Stoke-On-Trent.
The class of 2007
26%
of the 5,749 companies in this sector incorporated in 2007 are still active today; 72% have since been dissolved.
A fact about the year, not a forecast for this company.