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Charles Watson (Ironmongers) Limited

00532657

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

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

Details

22A PORTLAND STREET, NOTTINGHAM, NG5 6BL
Incorporated 30/04/1954

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46900
Non-specialised wholesale trade
47520
Retail sale of hardware, paints and glass in specialised stores

Officers

Andrew Philip Allchorne Smith

director · Since 03/04/2006

DIRECTOR

BRITISH · ENGLAND · Age 49

Mr James Victor Norton

secretary · Since 29/05/2015

Mr James Victor Norton Ba Hons Aca

director · Since 29/05/2015

GROUP MANAGING DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 9 other boards

Mr Richard Brian Meeks

director · Since 31/10/2022

DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 3 other boards

Mr Benjamin James William Sansom

director · Since 31/10/2022

DIRECTOR

BRITISH · ENGLAND · Age 37

Also on 4 other boards

Persons with Significant Control

Frank Key Group Limited

75–100% shares
75–100% votes

22a, Portland Street, Nottingham, NG5 6BL

Reg: 06371399 · England · Limited Company

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 11/03/2024Registered 12/03/2024
Charge
outstanding

LLOYDS BANK PLC

Created 01/07/2015Registered 14/07/2015
charge
satisfied

YORKSHIRE BANK PLC

Created 17/05/1994Registered 24/05/1994Satisfied 02/06/2015

CompanyRankvs 3087+ SIC 46900 peers
66

Financial strength79th percentile among SIC peers · 20/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.16× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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3087Charles Watson (Ironmongers) Limited
76
How is this score calculated?
Financial strength20/25 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.

Liquidity12/20 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 31/12/2024

Net Worth

£89k

Balance sheet strength

Cash

£71k

Cash in the bank

Net Current Assets

£83k

Working capital

Current Assets

£601k

Current Liabilities

£518k

Fixed Assets

£5k

Debtors

£289k

11avg. employees-2

Tax at Year End(2021)

Corp tax£15k

Balance Sheet

Assets less current liabilities£89k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.16-£51k
20211.22—

Derived from filed accounts. Not audited figures.