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Gp Watson Trading Ltd

05131070

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

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

Details

15 PALACE STREET, NORWICH, NR3 1RT
Incorporated 18/05/2004

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 12/05/2025

Due 26/05/2026

On track

Industry

01410
Raising of dairy cattle

Officers

Debra Watson

secretary · Since 18/05/2004

BRITISH

Mr George Philip Watson

director · Since 18/05/2004

DIRECTOR

BRITISH · ENGLAND · Age 69

Also on 1 other board

Mr George Michael Watson

director · Since 01/11/2010

GENERAL DEALER

BRITISH · ENGLAND · Age 38

Persons with Significant Control

Mr George Michael Watson

25–50% shares

British · England · Age 38

15, Palace Street, Norwich, NR3 1RT

Notified 06/04/2016

Mr George Philip Watson

25–50% shares

British · England · Age 69

15, Palace Street, Norwich, NR3 1RT

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 11/01/2018Registered 17/01/2018
charge
satisfied

LLOYDS TSB BANK PLC

Created 05/01/2009Registered 08/01/2009Satisfied 02/05/2019

CompanyRankvs 906+ SIC 01410 peers
40

Financial strength25th percentile among SIC peers · 6/25
Employees50th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.68× · 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 strength6/25 pts

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

Employees8/15 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

£40k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£133k

Working capital

Current Assets

£279k

Current Liabilities

£412k

Fixed Assets

£196k

Debtors

£94k

Profit After Tax

-£49k

3avg. employees

Tax at Year End(2021)

Corp tax£0

Director Loans(2020)

Company owes directors£126k

Balance Sheet

Assets less current liabilities£63k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.68+£110k
20240.83-£49k
20230.94+£37k
20221.00+£13k
20211.03+£2k
20200.90-£23k
20190.95

Derived from filed accounts. Not audited figures.