Watts Engineering Services Limited
05655964
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Watts & Thompson Limited
Unit 6, Waddington Way, Rotherham, S65 3SH
Reg: 03700322 · England And Wales · Limited Company
Notified 06/04/2016
Former PSCs
Mr David Watts
Ceased 06/04/2016
Charges1 outstanding
LLOYDS TSB BANK PLC
CompanyRankvs 431+ SIC 33120 peers73
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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 31/01/2025
Net Worth
£581k
Balance sheet strength
Cash
£388k
Cash in the bank
Net Current Assets
£523k
Working capital
Current Assets
£1.2M
Current Liabilities
£643k
Fixed Assets
£128k
Debtors
£506k
Tax at Year End(2019)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.81 | +£167k |
| 2024 | 2.27 | +£115k |
| 2023 | 1.99 | +£102k |
| 2022 | 1.44 | +£26k |
| 2021 | 1.87 | -£14k |
| 2020 | 1.53 | -£63k |
| 2019 | 1.68 | — |
Derived from filed accounts. Not audited figures.