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Watsons Of Salisbury Limited

01250662

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)
  • Going concern doubt noted in accounts (-10)

Details

CROWN CHAMBERS, SALISBURY, SP1 2LZ
Incorporated 23/03/1976

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 06/12/2025

Due 20/12/2026

On track

Industry

74990
Non-trading company

Officers

Mr Graham John Annetts

director · Since 20/12/1991

DIRECTOR

BRITISH · ENGLAND · Age 80

Also on 2 other boards

Persons with Significant Control

Watsons Of Salisbury (Holdings) Limited

75–100% shares

Crown Chambers, Bridge Street, Salisbury, SP1 2LZ

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

NATIONAL WESTMINSTER BANK LTD

Created 03/11/1977Registered 07/11/1977Satisfied 25/09/2025

CompanyRankvs 94+ SIC 74990 peers
78

Financial strength96th percentile among SIC peers · 24/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.22× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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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.

Risk deductions

Going concern doubt: -10 pts

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

Going Concern Doubt

of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The following principal accounting policies have been applied: 2.2 Going concern The directors assess whether the use of the going concern basis is appropriate, i.e. whether there are material uncertainties related to events or conditions that may cast significant do

Key FinancialsYear ending 31/12/2024

Net Worth

£563k

Balance sheet strength

Cash

£50k

Cash in the bank

Net Current Assets

£31k

Working capital

Current Assets

£56k

Current Liabilities

£25k

Fixed Assets

£550k

Debtors

£6k

Profit After Tax

-£23k

2avg. employees

Tax at Year End

Corp tax£5k
Dividends paid-£4k

Balance Sheet

Assets less current liabilities£581k
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20242.22-£18k
20231.93-£26k
20212.13-£631
20202.54-£43k
20193.94-£180k
20183.05+£17k
20172.51

Derived from filed accounts. Not audited figures.