Watts Truck & Van Limited
02041427
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Previously known as
Compliance
Last accounts
31/12/2025
medium
Next accounts due
30/09/2027
Confirmation statement
Last: 31/07/2026
Due 14/08/2027
Industry
Officers
director · Since 02/04/2008
DIRECTOR
BRITISH · UNITED KINGDOM · Age 86
Also on 32 other boards
director · Since 29/05/2015
DEALER PRINCIPAL
BRITISH · WALES · Age 64
Also on 3 other boards
Former
director · Resigned 02/04/2008
secretary · Resigned 02/04/2008
director · Resigned 30/11/2010
secretary · Resigned 31/03/2014
director · Resigned 06/10/2015
Persons with Significant Control
Wt&V Limited
Althorpe House, High Street, Lydney, GL15 5DD
Notified 30/06/2016
Change History
Active
Private Limited Company
ALTHORPE HOUSE
LYDNEY
CompanyRankvs 13+ SIC 45190 peers80
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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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
appropriate; or the directors have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the company’s ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue. . Other information The other information comprises the i
Key FinancialsYear ending 31/12/2022
Turnover
£42.7M
Annual revenue
Net Worth
£7.1M
Balance sheet strength
Cash
£1k
Cash in the bank
Profit Before Tax
£2.3M
Bottom line earnings
Net Current Assets
£8.1M
Working capital
Current Assets
£12.4M
Current Liabilities
£4.3M
Fixed Assets
£2.3M
Debtors
£2.1M
Cost of Sales
£37.3M
Gross Profit
£5.4M
Admin Expenses
£3.0M
Operating Profit
£2.4M
Profit After Tax
£1.8M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2022 | 2.90 |
Derived from filed accounts. Not audited figures.