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Craig & Watts Holdings Limited

02385794

active
Private Limited Company
Companies House
Health Score
57 / 100

Notable Risks

25/30
Filing
0/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

91 BIRMINGHAM ROAD, WEST BROMWICH, B70 6PX
Incorporated 18/05/1989

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70100
Activities of head offices

Officers

Mr Craig Royston Watts

secretary · Since 18/05/1992

BRITISH · UNITED KINGDOM · Age 65

Also on 39 other boards

Mr Craig Royston Watts

director · Since 18/05/1992

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Also on 39 other boards

Mrs Stephanie Watts

director · Since 05/07/2001

SECRETARY

BRITISH · ENGLAND · Age 65

Persons with Significant Control

Mr. Craig Royston Watts

75–100% shares
75–100% votes

British · United Kingdom · Age 65

129, New Penkridge Road, Cannock, WS11 1HN

Notified 06/04/2016

Charges4 outstanding

Charge
outstanding

CRAIG & WATTS HOLDINGS LIMITED

Created 12/09/2025Registered 15/09/2025
Charge
outstanding

SHAWBROOK BANK LIMITED

Created 17/07/2024Registered 17/07/2024
Charge
outstanding

SHAWBROOK BANK LIMITED

Created 11/07/2024Registered 12/07/2024
Charge
satisfied

RAYMOND CHARLES WATTS

Created 31/08/2023Registered 06/09/2023Satisfied 29/08/2025
Charge
satisfied

LLOYDS BANK PLC

Created 23/07/2021Registered 23/07/2021Satisfied 03/03/2023
Charge
outstanding

BANK OF CYPRUS UK LIMITED

Created 25/05/2018Registered 25/05/2018
Charge
satisfied

BIRMINGHAM CITY COUNCIL (AS THE ACCOUNTABLE BODY ON BEHALF OF GREATER BIRMINGHAM & SOLIHULL LOC

Created 24/04/2017Registered 02/05/2017Satisfied 17/01/2022
charge
satisfied

CAPITAL BANK PLC

Created 22/06/1999Registered 02/07/1999Satisfied 10/11/2015

CompanyRankvs 3423+ SIC 70100 peers
48

Financial strength97th percentile among SIC peers · 24/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.48× · 2/20
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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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.

Employees12/15 pts

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

Liquidity2/20 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

the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below. 1.2 Going concern The directors believe that there are no material uncertainties related to events or conditions, that may cast significant doubt on the ability of the company to continue as a going concer

Key FinancialsYear ending 31/03/2024

Net Worth

£14.6M

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£4.5M

Working capital

Current Assets

£4.2M

Current Liabilities

£8.7M

Fixed Assets

£19.3M

Debtors

£4.2M

3avg. employees

Tax at Year End

Corp tax£720k

Balance Sheet

Assets less current liabilities£14.8M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.48+£914k
20230.58+£396k
20220.58+£510k
20210.47+£557k
20200.44+£3.7M
20190.71+£770k

Derived from filed accounts. Not audited figures.