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Watson Engineering (Bham) Limited

03061963

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

GRAYS COURT 5 NURSERY ROAD, BIRMINGHAM, B15 3JX
Incorporated 26/05/1995

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 17/03/2026

Due 31/03/2027

On track

Industry

25940
Manufacture of fasteners and screw machine products

Officers

Mr Ian Satterthwaite

director · Since 04/03/2010

ENGINEER

BRITISH · ENGLAND · Age 64

Also on 1 other board

Persons with Significant Control

Mr Ian Satterthwaite

25–50% shares

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 peers
79

Financial strength75th percentile among SIC peers · 19/25
Employees64th percentile among SIC peers · 10/15
LiquidityCurrent ratio 2.63× · 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 strength19/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees10/15 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 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

5avg. employees

Balance Sheet

Assets less current liabilities£725k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20242.63+£92k
20232.96+£129k
20222.91+£182k
20215.77-£48k
20203.45+£167k
20191.86+£41k
20182.30

Derived from filed accounts. Not audited figures.