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Watsons Electrical Limited

04385161

active
Private Limited Company
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

1 CARLA BECK HOUSE, SKIPTON, BD23 3BQ
Incorporated 01/03/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Stephen Eric Watson

director · Since 01/03/2002

ELECTRICAL ENGINEER

BRITISH · UNITED KINGDOM · Age 64

Also on 3 other boards

Persons with Significant Control

Mr Stephen Eric Watson

75–100% shares
75–100% votes

British · United Kingdom · Age 64

1 Carla Beck House, Carla Beck Lane, Skipton, BD23 3BQ

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 18/01/2018Registered 19/01/2018
Charge
outstanding

BARCLAYS BANK PLC

Created 19/11/2014Registered 20/11/2014
Charge
outstanding

BARCLAYS BANK PLC

Created 03/11/2014Registered 04/11/2014

CompanyRankvs 3845+ SIC 43210 peers
67

Financial strength95th percentile among SIC peers · 24/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 13.82× · 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 strength24/25 pts

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

Employees3/15 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 31/03/2025

Net Worth

£371k

Balance sheet strength

Cash

£122k

Cash in the bank

Net Current Assets

£191k

Working capital

Current Assets

£206k

Current Liabilities

£15k

Fixed Assets

£185k

Debtors

£84k

1avg. employees

Balance Sheet

Assets less current liabilities£376k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
202513.82+£24k
202425.80-£29k
20239.81-£31k
202238.99-£34k
202116.60

Derived from filed accounts. Not audited figures.