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G J Watts & Son Limited

07810005

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

UNIT 2 THE RUTHERFORD CENTRE DUNLOP ROAD, IPSWICH, IP2 0UG
Incorporated 14/10/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43220
Plumbing, heat and air-conditioning installation

Officers

Mr Richard Watts

director · Since 14/10/2011

DIRECTOR

BRITISH · ENGLAND · Age 52

Persons with Significant Control

Mr Richard Watts

75–100% shares

British · England · Age 52

Unit 2 The Rutherford Centre, Dunlop Road, Ipswich, IP2 0UG

Notified 01/07/2016

CompanyRankvs 15560+ SIC 43220 peers
56

Financial strength51th percentile among SIC peers · 13/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 1.05× · 12/20
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 strength13/25 pts

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

Employees1/15 pts

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

Liquidity12/20 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 31/10/2024

Net Worth

£5k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

£1k

Working capital

Current Assets

£22k

Current Liabilities

£21k

Fixed Assets

£5k

Debtors

£17k

Profit After Tax

£20k

0avg. employees

Tax at Year End

Corp tax£7k
Dividends paid£8k

Balance Sheet

Assets less current liabilities£6k
Prepared with Sage Accounts Production 23.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20241.05+£3k
20230.88+£20k
20220.57-£14k
20210.59-£1k
20200.55-£16k
20190.47-£18k
20180.84

Derived from filed accounts. Not audited figures.