Watson Engineering (Bham) Limited
03061963
Healthy
- No accounts filed in last 18 months (-5)
Details
Compliance
Last accounts
31/10/2024
total exemption full
Next accounts due
31/07/2026
Confirmation statement
Last: 17/03/2026
Due 31/03/2027
Industry
Officers
director · Since 04/03/2010
ENGINEER
BRITISH · ENGLAND · Age 64
Also on 1 other board
Persons with Significant Control
Mr Ian Satterthwaite
British · England · Age 64
Grays Court, 5 Nursery Road, Birmingham, B15 3JX
Notified 10/07/2017
Former PSCs
Mr Graham John Watson
Ceased 31/10/2025
CompanyRankvs 54+ SIC 25940 peers79
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/10/2024
Net Worth
£673k
Balance sheet strength
Cash
£529k
Cash in the bank
Net Current Assets
£518k
Working capital
Current Assets
£837k
Current Liabilities
£318k
Fixed Assets
£207k
Debtors
£306k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 2.63 | +£92k |
| 2023 | 2.96 | +£129k |
| 2022 | 2.91 | +£182k |
| 2021 | 5.77 | -£48k |
| 2020 | 3.45 | +£167k |
| 2019 | 1.86 | +£41k |
| 2018 | 2.30 | — |
Derived from filed accounts. Not audited figures.