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M Watson Construction (2010) Limited

07337954

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

GRAIN STORE, MANOR FARM OLD FOLD YARD, NEWGATE LANE, GRANTHAM, NG31 9RY
Incorporated 06/08/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
41201
Construction of commercial buildings

Officers

Mr Martin Richard Watson

director · Since 06/08/2010

DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 1 other board

Persons with Significant Control

Mr Martin Richard Watson

75–100% shares

British · England · Age 58

Unit 4 Site 2, Ruston Road, Grantham, NG31 9SW

Notified 01/08/2016

CompanyRankvs 4250+ SIC 41100 peers
79

Financial strength88th percentile among SIC peers · 22/25
Employees45th percentile among SIC peers · 7/15
LiquidityCurrent ratio 8.45× · 20/20
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 strength22/25 pts

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

Employees7/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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 30/09/2024

Net Worth

£392k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£160k

Working capital

Current Assets

£181k

Current Liabilities

£21k

Fixed Assets

£175k

1avg. employees

Balance Sheet

Assets less current liabilities£335k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20248.45+£14k
20235.88

Derived from filed accounts. Not audited figures.