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Mw Timber Haulage Ltd

08038866

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

CHERRYWOOD, WELLINGTON, TA21 9PW
Incorporated 20/04/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49410
Freight transport by road

Officers

Mr Michael Paul Watts

director · Since 20/04/2012

DIRECTOR

BRITISH · ENGLAND · Age 55

Mrs Tara Jane Watts

director · Since 20/04/2012

DIRECTOR

BRITISH · ENGLAND · Age 56

Persons with Significant Control

Mr Michael Paul Watts

25–50% shares

British · England · Age 55

Cherrywood, Monument Road, Wellington, TA21 9PW

Notified 06/04/2016

Former PSCs

Mrs Tara Jane Watts

Ceased 07/01/2018

CompanyRankvs 946+ SIC 49410 peers
86

Financial strength97th percentile among SIC peers · 24/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 2.92× · 20/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 pts

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

Employees13/15 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 31/03/2025

Net Worth

£792k

Balance sheet strength

Cash

£383k

Cash in the bank

Net Current Assets

£382k

Working capital

Current Assets

£582k

Current Liabilities

£200k

Fixed Assets

£765k

Debtors

£200k

4avg. employees+1

Tax at Year End

Corp tax£57k

Balance Sheet

Intangible assets£0
Assets less current liabilities£1.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20252.92+£197k
20243.19+£140k
20232.14

Derived from filed accounts. Not audited figures.