Back to search

Watts In New Direction Limited

08001990

active
Private Limited Company
england wales
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

80 STRAND, LONDON, WC2R 0DT
Incorporated 22/03/2012

Compliance

Last accounts

30/06/2025

total exemption full

Next accounts due

22/09/2026

On track

Confirmation statement

Last: 22/03/2026

Due 05/04/2027

On track

Industry

35110
Production of electricity

Officers

Mr Stephen Richards Daniels

director · Since 23/12/2025

BRITISH · ENGLAND · Age 45

Also on 123 other boards

Mr Edward William Mole

director · Since 23/12/2025

BRITISH · ENGLAND · Age 42

Also on 325 other boards

Mr Elliot Mark Tegerdine

director · Since 23/12/2025

BRITISH · ENGLAND · Age 50

Also on 40 other boards

Persons with Significant Control

Former PSCs

Andrew Cecil Jacklin

Ceased 22/03/2019

Wind Renewables Income Holdco Ltd

Ceased 22/03/2019

Charges0 outstanding

charge
satisfied

LLOYDS TSB BANK PLC

Created 01/10/2012Registered 18/10/2012Satisfied 18/10/2018
charge
satisfied

LLOYDS TSB BANK PLC

Created 26/04/2012Registered 02/05/2012Satisfied 18/10/2018

CompanyRankvs 5570+ SIC 35110 peers
75

Financial strength93th percentile among SIC peers · 23/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 22.69× · 20/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength23/25 pts

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

Employees3/15 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.

Longevity14/15 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 30/06/2024

Net Worth

£1.7M

Balance sheet strength

Cash

£241k

Cash in the bank

Net Current Assets

£1.4M

Working capital

Current Assets

£1.4M

Current Liabilities

£64k

Fixed Assets

£445k

Debtors

£1.2M

0avg. employees

Tax at Year End

VAT£10k

Balance Sheet

Assets less current liabilities£1.8M
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
202422.69+£58k£194k
202340.37+£180k£277k
202224.81+£408k£46k
202110.88+£193k£38k
20202.19-£352k
20194.03-£804
201811.03

Derived from filed accounts. Not audited figures.