Watson Construction Ltd
08621624
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 20/07/2025
Due 03/08/2026
Industry
Officers
director · Since 23/07/2013
DIRECTOR
BRITISH · ENGLAND · Age 37
Also on 1 other board
Persons with Significant Control
Watson Construction (Holdings) Ltd
Spark Studio, 208-210 Great Clowes Street, Salford, M7 2ZS
Reg: 12650411 · England And Wales · Private Company Limited By Shares
Notified 22/06/2020
Former PSCs
Mr Richard Mcdonald Watson
Ceased 02/07/2018
Mr Robert Thomas Watson
Ceased 22/06/2020
Mr Michael Richard Watson
Ceased 22/06/2020
Charges1 outstanding
IAIN ROBERT WATSON, STEWART NEIL WATSON, ROBERT THOMAS WATSON, MICHAEL RICHARD WATSON AND ROBER
CompanyRankvs 3768+ SIC 41100 peers64
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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.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the 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
Key FinancialsYear ending 31/12/2024
Net Worth
£5.4M
Balance sheet strength
Cash
£2.6M
Cash in the bank
Profit Before Tax
£777k
Bottom line earnings
Net Current Assets
£5.3M
Working capital
Current Assets
£11.4M
Current Liabilities
£6.0M
Fixed Assets
£323k
Debtors
£1.0M
Admin Expenses
£2.7M
Profit After Tax
£602k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.89 | +£479k |
| 2023 | 1.54 | — |
Derived from filed accounts. Not audited figures.