Back to search

Richard H. Watson (Decorators) Limited

04895081

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

14 GEDNEY CLOSE, NORTH EAST LINCOLNSHIRE, DN37 9SB
Incorporated 10/09/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43341
Painting

Officers

Rachael Watson

secretary · Since 10/09/2003

BRITISH

Mr Richard Henry Watson

director · Since 10/09/2003

DECORATOR

BRITISH · ENGLAND · Age 53

Persons with Significant Control

Mr Richard Henry Watson

75–100% shares
75–100% votes
Appoint directors
Significant control

British · England · Age 53

14 Gedney Close, North East Lincolnshire, DN37 9SB

Notified 06/04/2016

CompanyRankvs 1241+ SIC 43341 peers
74

Financial strength80th percentile among SIC peers · 20/25
Employees25th percentile among SIC peers · 4/15
LiquidityCurrent ratio 14.04× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength20/25 pts

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

Employees4/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

£30k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£27k

Working capital

Current Assets

£29k

Current Liabilities

£2k

Fixed Assets

£4k

1avg. employees+2

Tax at Year End(2019)

Corp tax£506

Balance Sheet

Assets less current liabilities£30k
Signed by Mr Richard Watson 17th September 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202414.04-£6k
20235.63+£10k
20224.57+£5k
20213.42+£9k
20201.91+£624
20192.77-£2k
20182.62

Derived from filed accounts. Not audited figures.