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Bradford Watts Limited

01791958

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

2 WHITEHALL ESTATE, ESSEX, CM19 5TP
Incorporated 15/02/1984

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43999
Specialised construction activities

Officers

Andrew Lysandrou

secretary · Since 01/09/2004

BRITISH

Mr Jay Taylor

director · Since 01/06/2012

BUILDING SURVEYOR

BRITISH · ENGLAND · Age 48

Mr Andrew Lysandrou

director · Since 06/11/2013

FINANCIAL DIRECTOR

BRITISH · ENGLAND · Age 56

Mr David Edward Reese Pitcher Bsc Kiob

director · Since 21/07/2017

CONTRACTS MANAGER

BRITISH · UNITED KINGDOM · Age 42

Mr Mark Anthony Golden

director · Since 01/04/2025

CONTRACT MANAGER

BRITISH · ENGLAND · Age 33

Persons with Significant Control

Mr Jay Taylor

25–50% shares

British · England · Age 48

2, Whitehall Estate, Essex, CM19 5TP

Notified 10/02/2023

Mr Andrew Lysandrou

25–50% shares

British · United Kingdom · Age 56

2, Whitehall Estate, Essex, CM19 5TP

Notified 10/02/2023

Mr David Edward Reese Pitcher

25–50% shares
25–50% votes

British · United Kingdom · Age 42

Bw House, 1 Lea Road, Waltham Abbey, EN9 1AS

Notified 12/02/2024

Former PSCs

Mr Norman Victor Paxton

Ceased 10/02/2023

Charges2 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 23/10/2023Registered 07/11/2023
Charge
outstanding

BARCLAYS BANK PLC

Created 23/10/2023Registered 07/11/2023
charge
satisfied

BARCLAYS BANK PLC

Created 18/10/2012Registered 25/10/2012Satisfied 06/01/2022
charge
satisfied

TRUSTEES OF BRADFORD WATTS RETIREMENT BENEFIT SCHEME

Created 07/12/2009Registered 10/12/2009Satisfied 27/03/2018
charge
satisfied

BARCLAYS BANK PLC

Created 21/07/2006Registered 25/07/2006Satisfied 27/03/2018
charge
satisfied

BARCLAYS BANK PLC

Created 21/07/2006Registered 25/07/2006Satisfied 27/03/2018
charge
satisfied

BARCLAYS BANK PLC

Created 21/07/2006Registered 25/07/2006Satisfied 27/03/2018
charge
satisfied

BARCLAYS BANK PLC

Created 30/11/1998Registered 08/12/1998Satisfied 06/01/2022
charge
satisfied

BARCLAYS BANK PLC

Created 30/01/1987Registered 10/02/1987Satisfied 02/09/2011
charge
satisfied

BARCLAYS BANK PLC

Created 01/05/1986Registered 16/05/1986Satisfied 02/09/2011

CompanyRankvs 2676+ SIC 43999 peers
61

Financial strength96th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.07× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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2676Bradford Watts Limited
81
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.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the 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 directors with respect to going co

Key FinancialsYear ending 31/03/2025

Turnover

£23.6M

Annual revenue

Net Worth

£1.2M

Balance sheet strength

Cash

£2.1M

Cash in the bank

Profit Before Tax

£237k

Bottom line earnings

Net Current Assets

£514k

Working capital

Current Assets

£7.7M

Current Liabilities

£7.2M

Fixed Assets

£927k

Debtors

£5.6M

Cost of Sales

£21.6M

Gross Profit

£1.9M

Admin Expenses

£1.7M

Operating Profit

£238k

Profit After Tax

£178k

42avg. employees+4

Tax at Year End

Corp tax£61k
Dividends paid£2k

People Costs

Wages & salaries£1.9M
NI contributions£222k

Balance Sheet

Bank loans & overdrafts£15k
Assets less current liabilities£1.4M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.07+£176k
20241.06+£214k
20231.08-£438k
20221.17+£405k
20211.06+£186k
20201.02+£46k
20191.02—

Derived from filed accounts. Not audited figures.