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Watts Of Lydney Group Limited

00172209

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

ALTHORPE HOUSE, LYDNEY, GL15 5DD
Incorporated 22/12/1920

Compliance

Last accounts

31/12/2024

group

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 09/09/2025

Due 23/09/2026

On track

Industry

70100
Activities of head offices

Officers

Mr John Campbell Thurston

director · Since 09/09/1991

DIRECTOR

BRITISH · UNITED KINGDOM · Age 86

Also on 32 other boards

Mr Stewart Charters

director · Since 15/05/2000

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 72

Also on 8 other boards

Mr Jonathan Piers Thurston Llb (Dinelm)

director · Since 10/10/2005

CONSULTANT

BRITISH · ENGLAND · Age 52

Also on 2 other boards

Mr David Robert Barnard

director · Since 22/09/2025

FINANCIAL CONTROLLER

BRITISH · WALES · Age 66

Also on 1 other board

Persons with Significant Control

Watts 2020 Limited

75–100% shares
75–100% votes
Appoint directors

Althorpe House, High Street, Lydney, GL15 5DD

Reg: 16306599 · Companies House · Private Company Limited By Shares

Notified 15/09/2025

Charges0 outstanding

charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 05/02/2010Registered 06/02/2010Satisfied 19/11/2013
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 05/02/2010Registered 06/02/2010Satisfied 17/02/2014
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 05/02/2010Registered 06/02/2010Satisfied 17/02/2014
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 05/02/2010Registered 06/02/2010Satisfied 17/02/2014
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 05/02/2010Registered 06/02/2010Satisfied 19/11/2013
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 05/02/2010Registered 06/02/2010Satisfied 17/02/2014
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 05/02/2010Registered 06/02/2010Satisfied 17/02/2014
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 05/02/2010Registered 06/02/2010Satisfied 18/12/2019
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 05/02/2010Registered 06/02/2010Satisfied 17/02/2014
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 05/02/2010Registered 06/02/2010Satisfied 17/02/2014
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 05/02/2010Registered 06/02/2010Satisfied 17/02/2014
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 05/02/2010Registered 06/02/2010Satisfied 17/02/2014
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 05/02/2010Registered 06/02/2010Satisfied 17/02/2014
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 05/02/2009Registered 11/02/2009Satisfied 08/01/2020
charge
satisfied

ARTHUR MELVILLE REID WATTS GRETA JONES AND JOHN CAMPBELL THURSTON AS TRUSTEES OF THE WATTS OF L

Created 30/05/2008Registered 16/06/2008Satisfied 26/10/2012
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 06/12/2002Registered 16/12/2002Satisfied 17/02/2014
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 06/12/2002Registered 16/12/2002Satisfied 17/02/2014
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 28/03/2002Registered 10/04/2002Satisfied 02/11/2012
charge
satisfied

THE COUNCIL OF THE CITY OF GLOUCESTER

Created 25/01/2002Registered 07/02/2002Satisfied 04/10/2007

CompanyRankvs 26+ SIC 70100 peers
79

Financial strength98th percentile among SIC peers · 25/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 12.89× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concer

Key FinancialsYear ending 31/12/2022

Turnover

£52.5M

Annual revenue

Net Worth

£26.2M

Balance sheet strength

Cash

£6.3M

Cash in the bank

Net Current Assets

£13.5M

Working capital

Current Assets

£14.6M

Current Liabilities

£1.1M

Fixed Assets

£13.6M

Debtors

£8.3M

Cost of Sales

£43.7M

Admin Expenses

£5.3M

Profit After Tax

£3.2M

8avg. employees

Tax at Year End

Corp tax£387k
Dividends paid-£553k

People Costs

Wages & salaries£5.5M
NI contributions£495k

Balance Sheet

Assets less current liabilities£27.0M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
202212.89

Derived from filed accounts. Not audited figures.