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Watford Shipping Solutions Limited

06785427

active
Private Limited Company
england wales
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

CROSSGATES FARM, NORDEN, OL12 7TY
Incorporated 07/01/2009

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 23/01/2026

Due 06/02/2027

On track

Industry

49410
Freight transport by road

Officers

Mr John Bennett Steele

director · Since 07/01/2009

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 6 other boards

Persons with Significant Control

Mr John Bennett Steele

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

British · England · Age 58

Crossgates Farm, Edenfield Road, Norden, OL12 7TY

Notified 15/06/2016

Charges3 outstanding

Charge
outstanding

INXPRESS LTD

Created 09/04/2025Registered 29/04/2025
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 27/09/2019Registered 04/10/2019
charge
outstanding

EXPRESS WORLDWIDE LIMITED

Created 28/02/2009Registered 02/03/2009

CompanyRankvs 7454+ SIC 49410 peers
61

Financial strength90th percentile among SIC peers · 23/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.76× · 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 strength23/25 pts

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

Employees12/15 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 31/12/2025

Net Worth

£110k

Balance sheet strength

Cash

£37k

Cash in the bank

Net Current Assets

-£44k

Working capital

Current Assets

£137k

Current Liabilities

£181k

Fixed Assets

£154k

Debtors

£99k

3avg. employees-2

Balance Sheet

Assets less current liabilities£110k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.76+£2k
20240.86+£26k
20230.78—

Derived from filed accounts. Not audited figures.