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Craig & Watts Developments Limited

01897785

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

91 BIRMINGHAM ROAD, WEST BROMWICH, B70 6PX
Incorporated 21/03/1985

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Craig Royston Watts

director · Since 01/02/1991

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Also on 19 other boards

Mrs Stephanie Watts

secretary · Since 19/06/1996

BRITISH · Age 65

Also on 1 other board

Mrs Stephanie Jane Watts

director · Since 17/12/2002

COMPANY SECRETARY

BRITISH · UNITED KINGDOM · Age 65

Persons with Significant Control

Craig & Watts Holdings Limited

75–100% shares
75–100% votes
Appoint directors

Maple House, Norton Green Lane, Cannock, WS11 9SS

Reg: 02385794 · England & Wales · Company Limited By Shares

Notified 06/04/2016

Charges1 outstanding

charge
satisfied

AIB GROUP (UK) P.L.C.

Created 16/04/2003Registered 24/04/2003Satisfied 22/06/2022
charge
satisfied

AIB GROUP (UK) LIMITED

Created 10/12/2001Registered 22/12/2001Satisfied 22/06/2022
charge
satisfied

AIB GROUP (UK) PLC

Created 10/12/2001Registered 22/12/2001Satisfied 22/06/2022
charge
outstanding

LLOYDS TSB BANK PLC

Created 22/12/2000Registered 05/01/2001
charge
satisfied

LLOYDS BANK PLC

Created 16/10/1998Registered 05/11/1998Satisfied 05/05/2001
charge
satisfied

AIB GROUP (UK) P.L.C.

Created 10/07/1998Registered 16/07/1998Satisfied 05/05/2001
charge
satisfied

AIB GROUP (UK) P.L.C.

Created 08/08/1997Registered 20/08/1997Satisfied 17/06/2022
charge
satisfied

AIB GROUP (UK) P.L.C.

Created 23/04/1997Registered 07/05/1997Satisfied 05/05/2001
charge
satisfied

LLOYDS BANK PLC

Created 11/07/1996Registered 12/07/1996Satisfied 05/05/2001
charge
satisfied

BARCLAYS BANK PLC

Created 25/07/1991Registered 05/08/1991Satisfied 05/05/2001
charge
satisfied

TSB BANK PLC

Created 19/07/1991Registered 20/07/1991Satisfied 29/07/1994
charge
satisfied

BARCLAYS BANK PLC

Created 03/04/1986Registered 10/04/1986Satisfied 05/05/2001

CompanyRankvs 67658+ SIC 41100 peers
22

Financial strength1th percentile among SIC peers · 0/25
Employees15th percentile among SIC peers · 2/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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67658Craig & Watts Developments Limited
32
How is this score calculated?
Financial strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees2/15 pts

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

Liquidity0/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

-£792k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£537k

Working capital

Current Assets

—

Current Liabilities

£1k

Fixed Assets

£5k

Profit After Tax

-£7k

0avg. employees

Tax at Year End(2019)

Corp tax£277

Balance Sheet

Assets less current liabilities£542k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
2025—+£0
2025—-£7k
2024—-£7k
2023—-£6k
2022—-£7k
2021—-£2k
2020—-£21k
2019—-£22k
20177.81—

Derived from filed accounts. Not audited figures.