Watson Engineering (Bham) Limited
03061963
Healthy
No risk factors detected.
Details
Compliance
Last accounts
31/10/2024
total exemption full
Next accounts due
31/10/2026
Confirmation statement
Last: 17/03/2026
Due 31/03/2027
Industry
Officers
Persons with Significant Control
Mr Ian Satterthwaite
British · England
Notified 10/07/2017
Former PSCs
Mr Graham John Watson
Ceased 31/10/2025
CompanyRankvs 57+ SIC 25940 peers78
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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 31/10/2025
Turnover
£934k
Annual revenue
Net Worth
£765k
Balance sheet strength
Cash
£645k
Cash in the bank
Profit Before Tax
£51k
Bottom line earnings
Net Current Assets
£637k
Working capital
Current Assets
£791k
Current Liabilities
£154k
Fixed Assets
£170k
Debtors
£144k
Cost of Sales
£712k
Gross Profit
£222k
Admin Expenses
£150k
Operating Profit
£72k
Profit After Tax
£92k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 5.15 | +£92k |
| 2024 | 2.63 | +£92k |
| 2023 | 2.96 | — |
Derived from filed accounts. Not audited figures.