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Watchet Products Limited

07109265

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

C/O COLESHILL PLASTICS LTD, COVENTRY, CV2 5DB
Incorporated 21/12/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

16290
Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials

Officers

Mr Bryan James Fisher

director · Since 21/12/2009

ACCOUNTANT

BRITISH · ENGLAND · Age 64

Also on 26 other boards

Mr Martin Ralph Pilley

director · Since 21/12/2009

PLASTIC MOULDER

BRITISH · ENGLAND · Age 72

Also on 8 other boards

Persons with Significant Control

Coleshill Plastics Group Limited

75–100% shares

C/O Coleshill Plastics Ltd, Bodmin Road, Coventry, CV2 5DB

Reg: 07110323 · England · Limited Company

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

ULTIMATE FINANCE LIMITED

Created 27/06/2024Registered 27/06/2024
Charge
outstanding

ULTIMATE INVOICE FINANCE LIMITED

Created 24/12/2014Registered 02/01/2015

CompanyRankvs 1246+ SIC 16290 peers
25

Financial strength2th percentile among SIC peers · 1/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0× · 2/20
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 strength1/25 pts

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

Employees2/15 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.

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 31/07/2025

Net Worth

-£115k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£115k

Working capital

Current Assets

£12

Current Liabilities

£115k

0avg. employees-2
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.00+£0
20240.00+£0
20230.00+£0
20220.00+£0
20210.00+£0
20200.00+£0
20190.00+£0

Derived from filed accounts. Not audited figures.