W.J. Watkins & Son Limited
01285475
Notable Risks
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Previously known as
Compliance
Last accounts
31/10/2024
group
Next accounts due
31/01/2027
Confirmation statement
Last: 31/10/2025
Due 14/11/2026
Industry
Officers
director · Since 22/06/1991
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 72
Also on 21 other boards
secretary · Since 03/04/2004
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 72
Also on 21 other boards
Former
secretary · Resigned 29/05/1998
secretary · Resigned 21/12/2001
director · Resigned 21/12/2001
secretary · Resigned 26/07/2002
director · Resigned 19/09/2002
corporate secretary · Resigned 03/05/2003
director · Resigned 02/04/2004
secretary · Resigned 02/04/2004
director · Resigned 29/03/2007
director · Resigned 09/12/2012
director · Resigned 30/12/2017
director · Resigned 30/10/2020
director · Resigned 09/06/2025
Persons with Significant Control
Mr David John Watkins
British · England · Age 72
Landue, Lezant, Launceston, PL15 9NN
Notified 23/06/2016
Charges3 outstanding
EXETER FINANCE LTD
THE AGRICULTURAL MORTGAGE CORPORATION PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
Change History
Active
Private Limited Company
LANDUE
LAUNCESTON
CompanyRankvs 1260+ SIC 01500 peers53
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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.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the director with respect to g
Key FinancialsYear ending 31/10/2024
Net Worth
£1.3M
Balance sheet strength
Cash
£1k
Cash in the bank
Profit Before Tax
-£1.8M
Bottom line earnings
Net Current Assets
-£4.4M
Working capital
Current Assets
£8.1M
Current Liabilities
£8.9M
Fixed Assets
£7.9M
Debtors
£1.2M
Cost of Sales
£13.6M
Admin Expenses
£2.5M
Profit After Tax
-£1.5M
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 0.91 |
Derived from filed accounts. Not audited figures.