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Mcwilliam-Watkinson Limited

01055138

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)
  • Current liabilities exceed current assets (-10)

Details

AQUEDUCT STREET, PR1 7JQ
Incorporated 19/05/1972

Compliance

Last accounts

30/09/2024

small

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 09/05/2026

Due 23/05/2027

On track

Industry

36000
Water collection, treatment and supply

Officers

Mr Paul Antony Watkinson

director · Since 14/04/1997

SALES MANAGER

BRITISH · UNITED KINGDOM · Age 59

Also on 1 other board

Mr Tanveer Abul

director · Since 14/08/2023

SALES DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 3 other boards

Persons with Significant Control

Watkinson Holdings Limited

75–100% shares
75–100% votes

Chandler House, 7 Ferry Road Office Park, Preston, PR2 2YH

Reg: 14925745 · Companies House · Limited Company

Notified 12/07/2023

Former PSCs

Mr James Brian Mcwilliam

Ceased 19/06/2019

T D Watkinson Discretionary Trust

Ceased 24/01/2019

Mr Paul Antony Watkinson

Ceased 12/07/2023

Mr Michael Johnson

Ceased 06/07/2019

Charges0 outstanding

charge
satisfied

MIDLAND BANK LTD

Created 30/09/1974Registered 07/10/1974Satisfied 07/05/2009

CompanyRankvs 18+ SIC 36000 peers
88

Financial strength95th percentile among SIC peers · 24/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.98× · 20/20
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 strength24/25 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.

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

Key FinancialsYear ending 30/09/2024

Net Worth

£1.3M

Balance sheet strength

Cash

£600k

Cash in the bank

Net Current Assets

£1.2M

Working capital

Current Assets

£1.6M

Current Liabilities

£402k

Fixed Assets

£58k

Debtors

£594k

15avg. employees+2

Tax at Year End(2023)

Corp tax£21k

Balance Sheet

Assets less current liabilities£1.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20243.98-£106k
20234.00+£39k
20223.99+£24k
20215.21+£11k
20205.07+£9k
20198.42

Derived from filed accounts. Not audited figures.