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Dave Watkin Transport Limited

04618389

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

BODHYFRYD, LLANFECHAIN, SY22 6UJ
Incorporated 16/12/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49410
Freight transport by road

Officers

Linda Watkin

secretary · Since 16/12/2002

BRITISH · Age 72

Also on 1 other board

Linda Watkin

director · Since 04/04/2014

NONE

BRITISH · WALES · Age 72

Also on 1 other board

Martyn David Watkin

director · Since 04/04/2014

NONE

BRITISH · WALES · Age 51

Persons with Significant Control

Mr David Watkin

75–100% shares

British · United Kingdom · Age 82

Bodhyfryd, Llanfechain, Llanfechain, SY22 6UJ

Notified 01/06/2016

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 14/03/2003Registered 26/03/2003

CompanyRankvs 36077+ SIC 49410 peers
28

Financial strength4th percentile among SIC peers · 1/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.62× · 6/20
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 strength1/25 pts

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

Employees1/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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

-£37k

Balance sheet strength

Cash

£0

Cash in the bank

Net Current Assets

-£7k

Working capital

Current Assets

£12k

Current Liabilities

£20k

Fixed Assets

£19k

Debtors

£11k

0avg. employees-2

Balance Sheet

Intangible assets£0
Assets less current liabilities£11k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.62-£10k
20240.90-£8k
20231.06

Derived from filed accounts. Not audited figures.