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Watt Energy Saver Ltd

07511276

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

ELIZABETH HOUSE LATIMER WAY, NEWARK, NG22 9QW
Incorporated 31/01/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation
43220
Plumbing, heat and air-conditioning installation
71129
Other engineering activities

Officers

Mr Craig Edmonds

director · Since 31/01/2011

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Also on 4 other boards

Miss Victoria Canning

director · Since 01/11/2022

DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 2 other boards

Mr Christopher Colin Oxley

director · Since 01/11/2022

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 3 other boards

Mr Daniel Mark Whiles

director · Since 01/11/2022

DIRECTOR

BRITISH · ENGLAND · Age 34

Also on 2 other boards

Persons with Significant Control

Plj Energy Ltd

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

Sacred Hope, Town Street, Askham, NG22 0RS

Reg: 09141043 · England · England

Notified 30/06/2016

Charges0 outstanding

charge
satisfied

HSBC BANK PLC

Created 06/06/2011Registered 08/06/2011Satisfied 10/09/2020

CompanyRankvs 2064+ SIC 43210 peers
76

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.66× · 16/20
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 strength25/25 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.

Liquidity16/20 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 31/01/2025

Turnover

£16.5M

Annual revenue

Net Worth

£1.7M

Balance sheet strength

Cash

£2.6M

Cash in the bank

Profit Before Tax

£4.0M

Bottom line earnings

Net Current Assets

£1.6M

Working capital

Current Assets

£3.9M

Current Liabilities

£2.4M

Fixed Assets

£141k

Debtors

£1.3M

Cost of Sales

£10.2M

Gross Profit

£6.4M

Admin Expenses

£1.2M

Operating Profit

£4.0M

Profit After Tax

£3.0M

27avg. employees

Tax at Year End

Corp tax£492k
Dividends paid£4.8M

People Costs

Wages & salaries£1.6M
NI contributions£39k

Balance Sheet

Bank loans & overdrafts£10k
Assets less current liabilities£1.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.66-£1.8M
20241.75+£2.0M
20231.31+£28k
20221.46+£87k
20212.92+£318k
20202.58+£380k
20192.51

Derived from filed accounts. Not audited figures.