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Watts (Builders) Limited

02871695

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

HARTLANDS HIGHFIELD LANE, COVENTRY, CV7 8BL
Incorporated 15/11/1993

Compliance

Last accounts

30/11/2024

total exemption full

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 15/11/2025

Due 29/11/2026

On track

Industry

41201
Construction of commercial buildings

Officers

Mr Philip Christopher Watts

director · Since 15/11/1993

BUILDER

BRITISH · UNITED KINGDOM · Age 66

Mrs Theresa Audrey Watts

secretary · Since 18/03/2010

Also on 1 other board

Mrs Theresa Audrey Watts

director · Since 01/12/2011

MANAGER

BRITISH · ENGLAND · Age 71

Also on 1 other board

Persons with Significant Control

Mr Philip Christopher Watts

25–50% shares
25–50% votes
Appoint directors

British · England · Age 66

Hartlands, Highfield Lane, Coventry, CV7 8BL

Notified 15/11/2016

Mr Ryan Watts

25–50% shares
25–50% votes

British · United Kingdom · Age 35

Hartlands, Highfield Lane, Coventry, CV7 8BL

Notified 16/11/2016

CompanyRankvs 769+ SIC 41201 peers
84

Financial strength89th percentile among SIC peers · 22/25
Employees79th percentile among SIC peers · 12/15
LiquidityCurrent ratio 6.59× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength22/25 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.

Liquidity20/20 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.

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

Key FinancialsYear ending 30/11/2024

Net Worth

£242k

Balance sheet strength

Cash

£155k

Cash in the bank

Net Current Assets

£224k

Working capital

Current Assets

£264k

Current Liabilities

£40k

Fixed Assets

£23k

Debtors

£83k

3avg. employees

Balance Sheet

Assets less current liabilities£246k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20246.59+£85k
20232.64-£21k
20222.36-£55k
20213.45-£12k
20204.14-£33k
20193.99+£78k
20183.15+£9k
20176.42

Derived from filed accounts. Not audited figures.