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Watkin12 Properties Limited

11566597

active
Private Limited Company
england wales
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • 2 outstanding charges (-4)

Details

DECHRAU’R DYFFRYN IFOR TERRACE, BRIDGEND, CF35 6ET
Incorporated 13/09/2018

Compliance

Last accounts

30/09/2024

micro entity

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 12/09/2025

Due 26/09/2026

On track

Industry

68100
Buying and selling of own real estate
68201
Renting and operating of Housing Association real estate
68209
Other letting and operating of own or leased real estate
68320
Management of real estate on a fee or contract basis

Officers

Mr Owen Paul Watkin

director · Since 13/09/2018

COMPANY DIRECTOR

BRITISH · WALE · Age 29

Persons with Significant Control

Mr Owen Paul Watkin

75–100% shares
75–100% votes
Appoint directors

British · Wales · Age 29

Dechrau’R Dyffryn, Ifor Terrace, Bridgend, CF35 6ET

Notified 13/09/2018

Charges2 outstanding

Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 06/04/2020Registered 16/04/2020
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 15/03/2019Registered 19/03/2019

CompanyRankvs 62863+ SIC 68100 peers
40

Financial strength63th percentile among SIC peers · 16/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.1× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength16/25 pts

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

Employees9/15 pts

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

Liquidity2/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/09/2024

Net Worth

£6k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£39k

Working capital

Current Assets

£4k

Current Liabilities

£43k

Fixed Assets

£108k

1avg. employees

Tax at Year End(2023)

Corp tax£1k

Director Loans(2023)

Company owes directors£39k

Balance Sheet

Assets less current liabilities£69k
Signed by Mr Owen Watkin 05/05/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.10-£16k
20230.11-£12k
20220.02-£2k
20210.04+£42k
20200.03-£3k
20190.09

Derived from filed accounts. Not audited figures.