Watfields Freight Limited
08848901
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 16/01/2014
DIRECTOR
BRITISH · ENGLAND · Age 44
Also on 1 other board
Persons with Significant Control
Mr Stuart Christian Watson
British · England · Age 44
Unit 17 Clayfield Road, Clayfield Road, Barnsley, S74 9TL
Notified 06/04/2016
Mr Craig Andrew Scoffield
British · England · Age 36
Unit 17, Clayfield Road, Barnsley, S74 9TL
Notified 06/04/2016
CompanyRankvs 1151+ SIC 50200 peers45
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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
-£34k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£34k
Working capital
Current Assets
£30k
Current Liabilities
£64k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.46 | -£23k |
| 2024 | 0.73 | +£6k |
| 2023 | 0.55 | -£24k |
| 2022 | 1.18 | +£26k |
| 2021 | 0.29 | -£22k |
| 2020 | 1.10 | +£1k |
| 2019 | 1.11 | — |
Derived from filed accounts. Not audited figures.