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Paul Watts Salons Ltd

07753221

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

38 RICHMOND AVENUE, KETTERING, NN15 5JG
Incorporated 25/08/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96020
Hairdressing and other beauty treatment

Officers

Mr Paul Edward Watts

secretary · Since 25/08/2011

Also on 4 other boards

Mr Paul John Michael Watts

director · Since 25/08/2011

HAIRDRESSER

BRITISH · UNITED KINGDOM · Age 41

Also on 2 other boards

Mr Paul Edward Watts

director · Since 31/05/2014

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 70

Also on 4 other boards

Persons with Significant Control

Mr Paul Edward Watts

25–50% shares

British · England · Age 71

38, Richmond Avenue, Kettering, NN15 5JG

Notified 06/04/2016

Mr Paul John Michael Watts

25–50% shares

British · United Kingdom · Age 41

38, Richmond Avenue, Kettering, NN15 5JG

Notified 06/04/2016

CompanyRankvs 22613+ SIC 96020 peers
52

Financial strength6th percentile among SIC peers · 2/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.61× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1Walters & Co.(Oxford)Limited
90
2Geo F Trumper Of Jermyn Street Limited
90
3Raoul(Hairdressers)Limited
90
4Taylor Of Old Bond Street Ltd
90
5Hair Colour Consultants Limited
90
6Leslie Frances (Hair Fashions) Limited
90
7G.J. Hendra Limited
90
8K H Arnold Limited
90
9Central Training Academy Limited
90
10Richard Ward Associates Ltd
90
22613Paul Watts Salons Ltd
47
How is this score calculated?
Financial strength2/25 pts

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

Employees14/15 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.

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

Key FinancialsYear ending 26/08/2024

Net Worth

-£24k

Balance sheet strength

Cash

£22k

Cash in the bank

Net Current Assets

-£19k

Working capital

Current Assets

£30k

Current Liabilities

£50k

Fixed Assets

£971

Debtors

£7k

7avg. employees

Balance Sheet

Assets less current liabilities-£18k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.61+£555
20230.78-£2k
20220.94+£4k
20210.96-£15k
20201.22+£39k
20190.34-£24k
20180.45—

Derived from filed accounts. Not audited figures.