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Watkins Distribution Uk Limited

06667449

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

1 PARK ROW, LEEDS, LS1 5AB
Incorporated 07/08/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Pinsent Masons Secretarial Limited

secretary · Since 07/08/2008

OTHER

Also on 1270 other boards

Leonard Ludovic Hamacher

director · Since 28/05/2024

EXECUTIVE

GERMAN · UNITED STATES · Age 49

Also on 1 other board

Steven Alan Stigers

director · Since 28/05/2024

EXECUTIVE VICE PRESIDENT

AMERICAN · UNITED STATES · Age 47

Also on 1 other board

Rick Westenberg

director · Since 05/02/2026

AMERICAN · UNITED STATES · Age 52

Also on 1 other board

Persons with Significant Control

Masco Corporation Limited

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

1, Park Row, Leeds, LS1 5AB

Reg: 1878678 · Companies House · Limited By Shares

Notified 06/04/2016

CompanyRankvs 959640+ SIC 82990 peers
46

Financial strength19th percentile among SIC peers · 5/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.55× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength5/25 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.

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

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£7.4M

Annual revenue

Net Worth

£1

Balance sheet strength

Cash

£3k

Cash in the bank

Profit Before Tax

-£2.2M

Bottom line earnings

Net Current Assets

-£2.8M

Working capital

Current Assets

£3.4M

Current Liabilities

£6.1M

Fixed Assets

£235k

Debtors

£358k

Cost of Sales

£5.9M

Gross Profit

£1.4M

Admin Expenses

£3.3M

Operating Profit

-£1.9M

Profit After Tax

-£2.2M

28avg. employees-2

People Costs

Wages & salaries£1.5M
NI contributions£160k

Balance Sheet

Intangible assets£43k
Assets less current liabilities-£2.5M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.55
20230.87

Derived from filed accounts. Not audited figures.