I really like this. The intro sets a good tone for the clip, the character is adorable (and the splash when it falls is a fun effect!), and my goodness those backgrounds, and the part with the character walking on the counter top is visually fascinating. Great job with the angle work and all that. I think the audio probably could have used a little more attention, even though the sound effects were fine I thought maybe a little background music or something to that effect could have gone a long way.
The story is conceptually pretty fun, although I think it could have been made bit more interesting with some more conflict or something to that nature. The only issue our little water-y friend encounters here is falling off of the table, which is very quickly worked around.
So overall, a little more work on the sound and story and I wouldn't hesitate to give something like this a full 5 stars. I think this piece is quite good for what it is, and I'm really hoping to see more from you going forward! Nice work :)