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M.J.Wattam And Sons Ltd

05363441

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

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

Details

113 BUTTERCUP LANE, LOUGHBOROUGH, LE12 9GJ
Incorporated 14/02/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Lesley Wattam

secretary · Since 14/02/2005

BRITISH · Age 68

Michael John Wattam

director · Since 14/02/2005

ENGINEER

BRITISH · ENGLAND · Age 73

Persons with Significant Control

Michael John Wattam

25–50% shares

British · England · Age 73

113, Buttercup Lane, Loughborough, LE12 9GJ

Notified 06/04/2016

Lesley Anne Wattam

25–50% shares

British · England · Age 68

113, Buttercup Lane, Loughborough, LE12 9GJ

Notified 06/04/2016

CompanyRankvs 18321+ SIC 71129 peers
38

Financial strength9th percentile among SIC peers · 2/25
Employees28th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.44× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 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.

Liquidity2/20 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 28/02/2026

Net Worth

-£3k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£3k

Working capital

Current Assets

£2k

Current Liabilities

£6k

1avg. employees

Balance Sheet

Assets less current liabilities-£3k
Signed by Mr Michael Wattam 14/04/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20260.44+£0
20260.44-£8k
20251.78-£5k
202414.50+£2k
20232.40—

Derived from filed accounts. Not audited figures.