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Watkins Drinks Limited

11278378

in administration
Private Limited Company
Companies House
Health Score
N/A

Details

C/O INTERPATH LTD 4TH FLOOR TAILORS CORNER, LEEDS, LS1 4DP
Incorporated 27/03/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

11070
Manufacture of soft drinks; production of mineral waters and other bottled waters

Officers

Mr Nicholas James Watkins

director · Since 27/03/2018

DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 1 other board

Mr Thomas Michael Watkins

director · Since 27/03/2018

DIRECTOR

BRITISH · ENGLAND · Age 34

Anthony Stam

director · Since 07/03/2024

VENTURE PARTNER

DUTCH · SWITZERLAND · Age 50

Persons with Significant Control

Former PSCs

Mr Thomas Michael Watkins

Ceased 28/05/2021

Mr Nicholas James Watkins

Ceased 28/05/2021

CompanyRankvs 15+ SIC 11070 peers
33

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 4.66× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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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.

Employees0/15 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.

Longevity8/15 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

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going conc

Key FinancialsYear ending 31/12/2023

Net Worth

£3.2M

Balance sheet strength

Cash

£1.2M

Cash in the bank

Net Current Assets

£2.4M

Working capital

Current Assets

£3.0M

Current Liabilities

£644k

Fixed Assets

£902k

Debtors

£628k

19avg. employees+9

Balance Sheet

Intangible assets£304k
Assets less current liabilities£3.3M
Signed by Mr Nicholas Watkins 10/09/2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20234.66+£2.3M
20215.00+£979k
20203.21-£166k
20191.83+£273k
2019-26.92—

Derived from filed accounts. Not audited figures.