Watts Mechanical Services Limited
05354533
Some Concerns
- Negative net worth (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Stephen Dennis Watts
British · United Kingdom · Age 54
45, Winton Road, Reading, RG2 8HJ
Notified 06/04/2016
Charges1 outstanding
LLOYDS BANK PLC
CompanyRankvs 22601+ SIC 43220 peers35
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
-£13k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£4k
Working capital
Current Assets
£97k
Current Liabilities
£93k
Fixed Assets
£67k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.04 | -£26k |
| 2024 | 1.05 | -£15k |
| 2023 | 1.52 | -£40k |
| 2022 | 1.83 | +£65k |
| 2021 | 1.12 | -£2k |
| 2020 | 0.55 | -£9k |
| 2019 | 0.76 | — |
Derived from filed accounts. Not audited figures.