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Watts Commercial Finance Limited

05075236

active
Private Limited Company
england wales
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

6 ALVASTON BUSINESS PARK, NANTWICH, CW5 6PF
Incorporated 16/03/2004

Compliance

Last accounts

31/07/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 12/03/2026

Due 26/03/2027

On track

Industry

64999
Other financial service activities

Officers

Mr Philip John Gray

director · Since 03/08/2006

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 1 other board

Mr Jeremy Paul Gibson

director · Since 23/12/2024

CHIEF FINANCIAL OFFICER

BRITISH · ENGLAND · Age 53

Also on 55 other boards

Mr Mayank Prakash

director · Since 21/10/2025

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 50 other boards

Persons with Significant Control

Pivotal Growth Limited

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

C/O John Chanal Group, Unit A Drivers Wharf, Southampton, SO14 0PF

Reg: 13243328 · The Register Of Companies Maintained By The Registrar Of Companies · Private Company Limited By Shares

Notified 23/12/2024

Former PSCs

Mr Philip John Gray

Ceased 23/12/2024

Mr Andrew Michael Watts

Ceased 23/12/2024

Charges1 outstanding

Charge
outstanding

AETHER FINANCIAL SERVICES UK LIMITED AS SECURITY TRUSTEE FOR THE SECURED PARTIES (AS DEFINED IN

Created 19/12/2025Registered 22/12/2025
Charge
satisfied

BARCLAYS SECURITY TRUSTEE LIMITED

Created 28/05/2020Registered 03/06/2020Satisfied 03/10/2024
Charge
satisfied

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE BANK AND YORKSHIRE BANK)

Created 30/01/2020Registered 10/02/2020Satisfied 27/03/2020
Charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 02/10/2015Registered 05/10/2015Satisfied 27/03/2020

CompanyRankvs 1623+ SIC 64999 peers
74

Financial strength92th percentile among SIC peers · 23/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.52× · 16/20
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 strength23/25 pts

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

Employees15/15 pts

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

Liquidity16/20 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 31/07/2024

Net Worth

£572k

Balance sheet strength

Cash

£1.5M

Cash in the bank

Net Current Assets

£619k

Working capital

Current Assets

£1.8M

Current Liabilities

£1.2M

Fixed Assets

£288k

Debtors

£309k

40avg. employees+3

Balance Sheet

Assets less current liabilities£907k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.52-£159k
20231.73+£27k
20222.49+£112k
20212.26+£210k
20202.28-£147k
20192.01

Derived from filed accounts. Not audited figures.