Michael Watkins Limited
08295183
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 15/11/2012
DIRECTOR
BRITISH · UNITED KINGDOM · Age 66
Also on 25 other boards
Persons with Significant Control
Mr Michael Watkins
British · United Kingdom · Age 66
Broad House, 1 The Broadway, Old Hatfield, AL9 5BG
Notified 06/04/2016
Mrs Nicola Watkins
British · United Kingdom · Age 63
Broad House, 1 The Broadway, Old Hatfield, AL9 5BG
Notified 06/04/2016
CompanyRankvs 51470+ SIC 41100 peers46
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
-£10k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£10k
Working capital
Current Assets
£41k
Current Liabilities
£51k
Fixed Assets
£731
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.80 | -£6k |
| 2024 | 0.90 | — |
| 2023 | 0.99 | — |
| 2022 | 1.04 | -£85 |
| 2021 | 1.05 | -£54 |
| 2020 | 1.05 | -£66 |
| 2019 | 1.05 | — |
Derived from filed accounts. Not audited figures.