Watts Industries Uk Limited
02642521
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 11/12/2025
BRITISH · ENGLAND · Age 40
Also on 3 other boards
Persons with Significant Control
Watts Industries Europe Bv
14 Kollergang 14, 6961 Lz Eerbeek
Reg: 08046439 · Netherlands · Private Company With Limited Liability
Notified 06/04/2016
Former PSCs
Mr Cornelis Hendrik Pruim
Ceased 09/12/2016
Mr Olivier Paul Jean Giverdon
Ceased 11/12/2025
Mr Richard Antonius Cornelis Van Bergen
Ceased 10/10/2018
Mr Gboyega Obafemi
Ceased 09/12/2016
Mr Nigel Paul Wood
Ceased 31/07/2024
Charges1 outstanding
DEUTSCHE BANK NEDERLAND N.V.
CompanyRankvs 65+ SIC 28140 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
applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; - assess the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern; and - use the going concern basis of accounting unless they either intend to liquidate the company or to cease operations, or
Key FinancialsYear ending 31/12/2024
Turnover
£7.2M
Annual revenue
Net Worth
£1.5M
Balance sheet strength
Cash
£738k
Cash in the bank
Profit Before Tax
£9k
Bottom line earnings
Net Current Assets
-£2.4M
Working capital
Current Assets
£3.6M
Current Liabilities
£5.9M
Fixed Assets
£3.9M
Debtors
£1.7M
Cost of Sales
£4.8M
Gross Profit
£2.5M
Admin Expenses
£2.6M
Operating Profit
-£16k
Profit After Tax
-£27k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.60 | -£1.0M |
| 2023 | 0.75 | +£2.6M |
| 2021 | 0.83 | — |
Derived from filed accounts. Not audited figures.