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Watts Amp Electrical Services Ltd

11630059

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

248 CHURCH LANE, LONDON, NW9 8SL
Incorporated 18/10/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Steven Mcguane

director · Since 18/10/2018

ELECTRICIAN

BRITISH · UNITED KINGDOM · Age 39

Also on 1 other board

Persons with Significant Control

Mr Steven Mcguane

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

British · United Kingdom · Age 39

248, Church Lane, London, NW9 8SL

Notified 18/10/2018

CompanyRankvs 10393+ SIC 43210 peers
67

Financial strength85th percentile among SIC peers · 21/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 3.18× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength21/25 pts

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

Employees3/15 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.

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

Key FinancialsYear ending 31/10/2023

Net Worth

£90k

Balance sheet strength

Cash

£36k

Cash in the bank

Net Current Assets

£109k

Working capital

Current Assets

£159k

Current Liabilities

£50k

Fixed Assets

£7k

Debtors

£114k

1avg. employees

Balance Sheet

Assets less current liabilities£116k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20233.18+£7k
20223.24+£23k
20213.55+£8k
20204.12
20192.13

Derived from filed accounts. Not audited figures.