Adams Watt Ltd
10116176
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 11/04/2016
director · Since 11/04/2016
DIRECTOR
BRITISH · UNITED KINGDOM · Age 70
Also on 1 other board
Persons with Significant Control
Mr Nicholas Michael Grace
British · United Kingdom · Age 70
4 Dukes Court, Bognor Road, Chichester, PO19 8FX
Notified 11/04/2016
Former PSCs
Mrs Niamh Grace
Ceased 12/04/2023
CompanyRankvs 4341+ SIC 31090 peers32
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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
-£22k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£22k
Working capital
Current Assets
£1k
Current Liabilities
£23k
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 0.05 |
| 2024 | 0.05 |
| 2023 | 0.03 |
| 2022 | 0.04 |
Derived from filed accounts. Not audited figures.