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Watson Woodhouse Limited

10868114

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

96-98 BOROUGH ROAD, MIDDLESBROUGH, TS1 2HJ
Incorporated 17/07/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69102
Solicitors

Officers

Mr Eric James Watson

director · Since 17/07/2017

SOLICITOR

BRITISH · ENGLAND · Age 37

Also on 1 other board

Mr James Watson

director · Since 17/07/2017

SOLICITOR

BRITISH · UNITED KINGDOM · Age 69

Also on 6 other boards

Joseph John Watson

director · Since 17/07/2017

SOLICITOR

BRITISH · UNITED KINGDOM · Age 34

Persons with Significant Control

Watson Law Group Limited

25–50% shares

102-108, Borough Road, Middlesbrough, TS1 2HJ

Notified 28/08/2024

Charges2 outstanding

Charge
outstanding

NICHOLAS MACK AS SECURITY TRUSTEE

Created 11/09/2017Registered 18/09/2017
Charge
outstanding

SVENSKA HANDELSBANKEN AB (PUBL)

Created 11/09/2017Registered 11/09/2017

CompanyRankvs 3245+ SIC 69102 peers
58

Financial strength90th percentile among SIC peers · 23/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.58× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees15/15 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.

Longevity9/15 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 31/08/2024

Net Worth

£448k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£1.1M

Working capital

Current Assets

£1.5M

Current Liabilities

£2.6M

Fixed Assets

£2.1M

Debtors

£816k

136avg. employees+3

Tax at Year End

Corp tax£201k

Director Loans(2022)

Company owes directors£557k

Balance Sheet

Intangible assets£330k
Assets less current liabilities£960k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.58+£40k
20230.48+£73k
20220.45+£183k
20210.49+£42k
20200.47+£4k
20190.49+£139k
20180.38

Derived from filed accounts. Not audited figures.