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S.W. Watson & Son Limited

04169932

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNIT 1 ROMAN WAY INDUSTRIAL ESTATE, PRESTON, PR2 5BB
Incorporated 28/02/2001

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

16290
Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials

Officers

Paul Andrew Watson

director · Since 13/03/2001

MANUFACTURER

BRITISH · UNITED KINGDOM · Age 60

Also on 1 other board

Jayne Ward

secretary · Since 20/12/2005

SECRETARY

BRITISH · Age 61

Mr Cameron Paul Watson

director · Since 25/07/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 30

Also on 2 other boards

Mr Maxwell Lester Watson

director · Since 25/07/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 24

Persons with Significant Control

Mr Paul Andrew Watson

75–100% shares
75–100% votes

British · England · Age 60

Unit 1, Roman Way Industrial Estate, Preston, PR2 5BB

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

HANDELSBANKEN PLC

Created 09/10/2019Registered 11/10/2019
Charge
outstanding

HANDELSBANKEN PLC

Created 09/10/2019Registered 11/10/2019
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 22/03/2013Registered 25/03/2013Satisfied 10/10/2019
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 07/03/2013Registered 09/03/2013Satisfied 10/10/2019

CompanyRankvs 29+ SIC 16290 peers
79

Financial strength99th percentile among SIC peers · 25/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 7.57× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees14/15 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.

Risk deductions

Outstanding charges: -10 pts

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

£6.4M

Balance sheet strength

Cash

£1.2M

Cash in the bank

Net Current Assets

£3.8M

Working capital

Current Assets

£4.4M

Current Liabilities

£576k

Fixed Assets

£3.4M

Debtors

£3.1M

25avg. employees+4

Balance Sheet

Bank loans & overdrafts£29k
Assets less current liabilities£7.2M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20247.57+£633k
20236.63+£33k
20225.61+£392k
20216.12+£95k
20205.88+£499k
20194.74+£1.2M
20186.21

Derived from filed accounts. Not audited figures.