K A Watts Plumbing & Heating Limited
03891188
Healthy
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/12/2024
medium
Next accounts due
30/09/2026
Confirmation statement
Last: 01/11/2025
Due 15/11/2026
Industry
Officers
secretary · Since 09/12/1999
SECRETARY
BRITISH · ENGLAND · Age 59
Also on 5 other boards
director · Since 09/12/1999
PLUMBING & HEATING ENGINEER
BRITISH · UNITED KINGDOM · Age 59
Also on 3 other boards
director · Since 09/12/1999
SECRETARY
BRITISH · ENGLAND · Age 59
Also on 5 other boards
director · Since 08/02/2016
DIRECTOR
BRITISH · ENGLAND · Age 45
Also on 3 other boards
Persons with Significant Control
K A Watts Trustee Limited
Unit 9, M3 Trade Park, Eastleigh, SO50 9YA
Reg: 13680804 · Companies House · Private Company Limited By Guarantee
Notified 17/12/2021
Former PSCs
Mr Kevin Andrew Watts
Ceased 17/12/2021
Mrs Kim Rosaline Watts
Ceased 17/12/2021
Charges2 outstanding
BARCLAYS BANK PLC
BARCLAYS BANK PLC
CompanyRankvs 1429+ SIC 43220 peers62
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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.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d
Key FinancialsYear ending 31/12/2025
Turnover
£26.5M
Annual revenue
Net Worth
£1.6M
Balance sheet strength
Cash
£1.2M
Cash in the bank
Profit Before Tax
£2.1M
Bottom line earnings
Net Current Assets
£1.5M
Working capital
Current Assets
£7.5M
Current Liabilities
£6.1M
Fixed Assets
£620k
Debtors
£6.0M
Cost of Sales
£22.1M
Gross Profit
£4.5M
Admin Expenses
£2.4M
Operating Profit
£2.1M
Profit After Tax
£1.6M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.25 | +£112k |
| 2024 | 1.31 | +£124k |
| 2023 | 1.35 | — |
Derived from filed accounts. Not audited figures.