Watts Reed Limited
11367000
Some Concerns
- 6 outstanding charges (-10)
Details
Compliance
Last accounts
31/05/2025
total exemption full
Next accounts due
28/02/2027
Confirmation statement
Last: 28/05/2025
Due 11/06/2026
Industry
Officers
director · Since 17/05/2018
DIRECTOR
BRITISH · WALES · Age 56
Also on 3 other boards
director · Since 17/05/2018
DIRECTOR
BRITISH · UNITED KINGDOM · Age 50
Also on 2 other boards
Persons with Significant Control
Williams, Jenkins And Watts Holding Limited
Suite 2d, Building 1, Eastern Business Park, St Mellons, CF3 5EA
Reg: 16200943 · Companies House · Private Limited Company
Notified 06/10/2025
Jj & Vj Reed Holdings Limited
Porthcawl Pharmacy, Porthcawl Medical Centre, Clos Y Mametz, Porthcawl, CF36 5DJ
Reg: 16628119 · Companies House · Private Limited Company
Notified 04/02/2026
Former PSCs
Jj & Vj Reed Ltd
Ceased 04/02/2026
D.R. Cecil Jones & Son Limited
Ceased 06/10/2025
Charges6 outstanding
LLOYDS BANK PLC
LLOYDS BANK PLC
LLOYDS BANK PLC
LLOYDS BANK PLC
LLOYDS BANK PLC
LLOYDS BANK PLC
LLOYDS BANK PLC
CompanyRankvs 3548+ SIC 47730 peers35
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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.
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
£542k
Balance sheet strength
Cash
£50k
Cash in the bank
Net Current Assets
-£24k
Working capital
Current Assets
—
Current Liabilities
£74k
Director Loans(2022)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | — | +£0 |
| 2025 | — | +£118k |
| 2024 | 0.36 | +£47k |
| 2023 | 0.30 | +£87k |
| 2022 | 0.32 | +£95k |
| 2021 | 0.14 | +£84k |
| 2020 | 0.13 | +£124k |
| 2019 | 0.01 | — |
Derived from filed accounts. Not audited figures.