Frank Watts (Tyres) Limited
00811458
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 08/11/2022
DIRECTOR
BRITISH · ENGLAND · Age 38
Also on 1 other board
director · Since 08/11/2022
DIRECTOR
BRITISH · ENGLAND · Age 37
Also on 1 other board
Persons with Significant Control
Frank Watts Tyres Holdings Limited
99, Alfreton Road, Sutton In Ashfield, NG17 1FJ
Reg: 14293081 · Uk · Limited Company
Notified 08/11/2022
Former PSCs
Mr David Paul Watts
Ceased 08/11/2022
Mr Stephen Andrew Watts
Ceased 08/11/2022
CompanyRankvs 2952+ SIC 45200 peers80
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/10/2025
Net Worth
£324k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£310k
Working capital
Current Assets
£385k
Current Liabilities
£75k
Fixed Assets
£14k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 5.12 | +£0 |
| 2025 | 5.12 | +£68k |
| 2024 | 3.80 | +£76k |
| 2023 | 3.43 | — |
Derived from filed accounts. Not audited figures.