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Charles Watts Engineering Limited

00466266

active
Private Limited Company
england wales
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

94 SOMERS ROAD, WARWICKSHIRE, CV22 7DH
Incorporated 26/03/1949

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 10/11/2025

Due 24/11/2026

On track

Industry

25110
Manufacture of metal structures and parts of structures

Officers

Mr Bernard Sidney Watts

director · Since 09/10/1992

MANAGING DIRECTOR

BRITISH · WALES · Age 74

Marion Worthington

secretary · Since 20/10/2003

BRITISH · Age 59

Mr Richard Bernard Watts

director · Since 09/07/2018

MANAGER

BRITISH · ENGLAND · Age 48

Persons with Significant Control

Mr Bernard Sidney Watts

75–100% shares

British · Wales · Age 74

94 Somers Road, Warwickshire, CV22 7DH

Notified 01/09/2016

Charges2 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 31/03/2006Registered 04/04/2006
charge
outstanding

BARCLAYS BANK PLC

Created 04/10/2005Registered 13/10/2005
charge
satisfied

BARCLAYS BANK PLC

Created 29/10/2004Registered 17/11/2004Satisfied 17/06/2005
charge
satisfied

BARCLAYS BANK PLC

Created 29/10/2004Registered 17/11/2004Satisfied 17/06/2005
charge
satisfied

BARCLAYS BANK PLC

Created 29/10/2004Registered 17/11/2004Satisfied 17/06/2005
charge
satisfied

BARCLAYS BANK PLC

Created 29/10/2004Registered 17/11/2004Satisfied 17/06/2005
charge
satisfied

BARCLAYS BANK PLC

Created 13/08/2004Registered 20/08/2004Satisfied 17/06/2005
charge
satisfied

LLOYDS BANK PLC

Created 25/01/1995Registered 02/02/1995Satisfied 17/06/2005
charge
satisfied

LLOYDS BANK PLC

Created 18/09/1989Registered 22/09/1989Satisfied 17/06/2005

CompanyRankvs 100+ SIC 25110 peers
77

Financial strength92th percentile among SIC peers · 23/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.17× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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100Charles Watts Engineering Limited
87
How is this score calculated?
Financial strength23/25 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£1.7M

Balance sheet strength

Cash

£117k

Cash in the bank

Net Current Assets

£448k

Working capital

Current Assets

£830k

Current Liabilities

£382k

Fixed Assets

£1.5M

Debtors

£425k

25avg. employees

Tax at Year End

Corp tax£0

Balance Sheet

Intangible assets£0
Assets less current liabilities£1.9M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20252.17-£83k
20241.92+£2k
20231.69+£80k
20221.66+£40k
20211.58+£3k
20201.63+£6k
20191.53—

Derived from filed accounts. Not audited figures.