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Watts Contracting Limited

03611832

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

WATTS HOUSE CARNABY IND. ESTATE, LANCASTER ROAD, BRIDLINGTON, YO15 3QY
Incorporated 07/08/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43110
Demolition

Officers

Mr David Clifford Watts

director · Since 08/09/1998

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 8 other boards

Mr Wyndham Richard Watts

director · Since 08/09/1998

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Also on 7 other boards

Barry Clifford Wescombe

director · Since 08/09/1998

MANAGER

BRITISH · ENGLAND · Age 65

Mr Paul Thompson

secretary · Since 12/09/2008

COMPANY SECRETARY

BRITISH · UNITED KINGDOM · Age 61

Also on 15 other boards

Persons with Significant Control

Mr Wyndham Richard Watts

25–50% shares
25–50% votes
Significant control

British · United Kingdom · Age 56

Watts House, Carnaby Ind. Estate, Lancaster Road, Bridlington, YO15 3QY

Notified 06/04/2016

Mr David Clifford Watts

25–50% shares
25–50% votes
Significant control

British · England · Age 54

Watts House, Carnaby Ind. Estate, Lancaster Road, Bridlington, YO15 3QY

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 06/10/1998Registered 09/10/1998Satisfied 18/04/2012

CompanyRankvs 188+ SIC 43110 peers
80

Financial strength87th percentile among SIC peers · 22/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.74× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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188Watts Contracting Limited
76
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.

Liquidity16/20 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 31/03/2025

Net Worth

£487k

Balance sheet strength

Cash

£283k

Cash in the bank

Net Current Assets

£458k

Working capital

Current Assets

£1.1M

Current Liabilities

£616k

Fixed Assets

£29k

Debtors

£140k

5avg. employees

Tax at Year End

Corp tax£50k

Balance Sheet

Assets less current liabilities£488k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.74-£52k
20246.10+£25k
20236.46—
20226.05—
20213.91—
20203.44—
20192.68—

Derived from filed accounts. Not audited figures.