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Watson Insulation Limited

09517200

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

28 THORNLEIGH, DUDLEY, DY3 2JA
Incorporated 30/03/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43290
Other construction installation

Officers

Mr Wayne Alan Watson

director · Since 30/03/2015

STEEL WORK

BRITISH · UNITED KINGDOM · Age 57

Also on 1 other board

Persons with Significant Control

Mr Wayne Alan Watson

75–100% shares

British · United Kingdom · Age 57

28, Thornleigh, Dudley, DY3 2JA

Notified 06/04/2016

CompanyRankvs 7439+ SIC 43290 peers
62

Financial strength15th percentile among SIC peers · 4/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 5.14× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength4/25 pts

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

Employees12/15 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.

Longevity11/15 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 25/03/2025

Net Worth

£1

Balance sheet strength

Cash

£292k

Cash in the bank

Net Current Assets

£245k

Working capital

Current Assets

£304k

Current Liabilities

£59k

Fixed Assets

£20k

Debtors

£11k

3avg. employees+1

Balance Sheet

Assets less current liabilities£265k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20255.14
20244.19-£14k
20232.86

Derived from filed accounts. Not audited figures.