Ian Watts & Son Limited
09001795
Some Concerns
- Current liabilities exceed current assets (-10)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/03/2022
DIRECTOR
BRITISH · ENGLAND · Age 24
Also on 3 other boards
Persons with Significant Control
Mr Martin David Watts
British · United Kingdom · Age 53
26, Ridgeway, Lydney, GL15 4SE
Notified 17/04/2017
Mr Luke Martin Watts
British · England · Age 24
26, Ridgeway, Lydney, GL15 4SE
Notified 01/08/2025
Charges3 outstanding
HSBC UK BANK PLC
HSBC UK BANK PLC
HSBC UK BANK PLC
CompanyRankvs 953+ SIC 96030 peers54
Show leaderboard
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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/04/2025
Net Worth
£400k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£191k
Working capital
Current Assets
£313k
Current Liabilities
£504k
Fixed Assets
£591k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.62 | — |
| 2024 | 1.15 | — |
| 2023 | 1.24 | — |
| 2022 | 1.74 | — |
| 2021 | 1.72 | — |
| 2020 | 1.64 | +£48k |
| 2019 | 2.59 | — |
Derived from filed accounts. Not audited figures.