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Watts Urethane Products Limited

00543805

active
ltd
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)
  • Current liabilities exceed current assets (-10)

Details

Althorpe House, High Street, Lydney, Gloucestershire, GL15 5DD
Incorporated 26/01/1955

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 09/09/2025

Due 23/09/2026

On track

Industry

22290
Manufacture of other plastic products

Officers

Mr John Campbell Thurston

director · Since 09/09/1992

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 86

Also on 32 other boards

Mr Stewart Charters

director · Since 29/03/2007

DIRECTOR

BRITISH · UNITED KINGDOM · Age 72

Also on 8 other boards

Mr Jonathan Piers Thurston Llb (Dinelm)

director · Since 29/03/2007

MARKETING CONSULTANT

BRITISH · ENGLAND · Age 52

Also on 2 other boards

John Campbell Thurston

director

British · United Kingdom · Age 86

Stewart Charters

director · Since 29/03/2007

British · United Kingdom · Age 72

Jonathan Piers Thurston

director · Since 29/03/2007

British · England · Age 52

Former

Peter Karl James Silsby

director · Resigned 02/12/1994

Robert Melson Broughton

director · Resigned 30/06/1995

Michael Taylor

director · Resigned 29/09/1995

Nicholas Simon Wallis

director · Resigned 31/03/2000

Geoffrey Peter Quinn

secretary · Resigned 31/10/2001

Philip Raymond Thorne

director · Resigned 26/01/2004

Margaret Anne Fuller

secretary · Resigned 31/03/2014

Margaret Anne Fuller

director · Resigned 31/03/2014

Michael Ronald Mitchell

director · Resigned 31/05/2016

Steven Peter Mason

director · Resigned 30/09/2016

Anthony William Cooper

director · Resigned 26/07/2019

Andrew Scott Macpherson

director · Resigned 14/04/2023

Peter John Rilett

director · Resigned 03/10/2024

Persons with Significant Control

Watts Of Lydney Group Limited

75–100% shares
75–100% votes

Althorpe House, High Street, Lydney, GL15 5DD

Notified 30/06/2016

Change History

statusactive
2026-08-06

Active

typeltd
2026-08-06

Private Limited Company

address line1Althorpe House, High Street
2026-08-06

ALTHORPE HOUSE, HIGH STREET

post townGloucestershire
2026-08-06

GLOUCESTERSHIRE

officer appointedCHARTERS, Stewart
2026-08-06
officer appointedTHURSTON, John Campbell
2026-08-06
officer appointedTHURSTON, Jonathan Piers
2026-08-06

CompanyRankvs 1136+ SIC 22290 peers
70

Financial strength79th percentile among SIC peers · 20/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.85× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

Liquidity6/20 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.

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

Key FinancialsYear ending 31/12/2022

Net Worth

£663k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

-£293k

Working capital

Current Assets

£1.6M

Current Liabilities

£1.9M

Fixed Assets

£1.4M

Debtors

£1.1M

48avg. employees

Balance Sheet

Assets less current liabilities£1.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20220.85

Derived from filed accounts. Not audited figures.