Watford Plant Limited
11639750
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 24/10/2018
DIRECTOR
BRITISH · UNITED KINGDOM · Age 43
Also on 5 other boards
director · Since 24/10/2018
DIRECTOR
IRISH · UNITED KINGDOM · Age 67
Also on 5 other boards
Persons with Significant Control
Jb Construction Group Ltd
Printing House, 66 Lower Road, Harrow
Reg: 09420297 · Companies House · Limited Company
Notified 24/10/2018
Charges0 outstanding
HSBC UK BANK PLC
CompanyRankvs 2305+ SIC 77320 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
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
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d
Key FinancialsYear ending 31/03/2021
Turnover
£599k
Annual revenue
Net Worth
£313k
Balance sheet strength
Cash
£124k
Cash in the bank
Profit Before Tax
£143k
Bottom line earnings
Net Current Assets
-£410k
Working capital
Current Assets
£245k
Current Liabilities
£654k
Fixed Assets
£1.1M
Debtors
£121k
Cost of Sales
£29k
Gross Profit
£570k
Admin Expenses
£411k
Operating Profit
£158k
Profit After Tax
£85k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2021 | 0.37 | +£85k |
| 2020 | 0.59 | — |
Derived from filed accounts. Not audited figures.