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I & N Watts Ltd.

09590317

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

SUITE F19, THE BUSINESS CENTRE CARDIFF HOUSE, BARRY, CF63 2AW
Incorporated 14/05/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43310
Plastering

Officers

Mr Ian Keith Watts

director · Since 14/05/2015

BUILDING CONTRACTOR

BRITISH · WALES · Age 62

Persons with Significant Control

Mr Ian Keith Watts

25–50% shares

British · Wales · Age 62

Suite F19, The Business Centre, Cardiff House, Barry, CF63 2AW

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

SANTANDER UK PLC

Created 22/07/2015Registered 28/07/2015

CompanyRankvs 6360+ SIC 43310 peers
23

Financial strength0th percentile among SIC peers · 0/25
Employees7th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.72× · 6/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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6360I & N Watts Ltd.
29
How is this score calculated?
Financial strength0/25 pts

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

Employees1/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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.

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 31/05/2025

Net Worth

-£147k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

-£124k

Working capital

Current Assets

£328k

Current Liabilities

£452k

Fixed Assets

£29k

Debtors

£322k

0avg. employees
Prepared with v2026.6.1 limited_company_frs_102_section_1a_v1_1_3 companies_house

EstimatesDerived

YearCurrent RatioImplied Profit
20250.72+£0
20250.72-£66k
20240.94+£1k
20230.99+£108k
20220.62+£86k
20210.62+£62k
20200.26+£51k
20190.26—

Derived from filed accounts. Not audited figures.