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Watkins M & E Group Ltd

07818412

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

WATKINS HOUSE LEIGH ROAD, RAMSGATE, CT12 5EU
Incorporated 20/10/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mrs Malvina Gillian Watkins

director · Since 20/10/2011

FINANCE MANAGER

BRITISH · UNITED KINGDOM · Age 78

Also on 7 other boards

Mr Rhys Watkins

director · Since 20/10/2011

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 6 other boards

Persons with Significant Control

Mr Rhys Watkins

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 50

Watkins House, Leigh Road, Ramsgate, CT12 5EU

Notified 14/04/2025

Former PSCs

Mrs Malvina Gillian Watkins

Ceased 14/04/2025

CompanyRankvs 1220+ SIC 82990 peers
80

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.2× · 20/20
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.

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.

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

identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's or the parent 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 c

Key FinancialsYear ending 31/03/2025

Turnover

£50.7M

Annual revenue

Net Worth

£13.5M

Balance sheet strength

Cash

£6.7M

Cash in the bank

Profit Before Tax

£2.7M

Bottom line earnings

Net Current Assets

£13.0M

Working capital

Current Assets

£23.8M

Current Liabilities

£10.8M

Fixed Assets

£636k

Debtors

£7.5M

Cost of Sales

£43.0M

Gross Profit

£7.7M

Admin Expenses

£5.2M

Operating Profit

£2.6M

Profit After Tax

£2.0M

178avg. employees-5

Tax at Year End

Corp tax£144k
Dividends paid£53k

Director Loans

Company owes directors£19k

People Costs

Wages & salaries£9.0M
NI contributions£1.0M

Balance Sheet

Intangible assets£1
Assets less current liabilities£13.6M
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20252.20+£2.0M
20242.92-£1.8M
20233.31+£99k
20222.24+£2.6M
20201.96—

Derived from filed accounts. Not audited figures.