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Watts Recruitment Limited

11661542

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

UNIT D10 UPPER LOUNGE, NORWICH, NR7 9BB
Incorporated 06/11/2018

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 05/11/2025

Due 19/11/2026

On track

Industry

73110
Advertising agencies

Officers

Mr David John Applegate

director · Since 06/11/2018

DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 3 other boards

Mr Damien Spencer Pearl

director · Since 06/11/2018

DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 4 other boards

Mr Gareth Haydn Watts

director · Since 06/11/2018

CEO

BRITISH · ENGLAND · Age 48

Also on 4 other boards

Mr Omar Adey

director · Since 01/01/2023

IT DIRECTOR

BRITISH · ENGLAND · Age 28

Also on 3 other boards

Ms Chloe Walton

director · Since 01/01/2023

COMPLIANCE DIRECTOR

BRITISH · ENGLAND · Age 30

Also on 3 other boards

Persons with Significant Control

Watts Marketing Limited

Significant control

Unit D10 Upper Lounge, Pinetrees Road, Norwich, NR7 9BB

Reg: 07250927 · The Registrar Of Companies For England And Wales · Limited Company

Notified 06/11/2018

CompanyRankvs 19926+ SIC 73110 peers
38

Financial strength0th percentile among SIC peers · 0/25
Employees100th percentile among SIC peers · 15/15
LiquidityNo balance sheet data · 0/20
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 strength0/25 pts

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

Employees15/15 pts

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

Liquidity0/20 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 31/12/2024

Net Worth

-£2.5M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£277k

Working capital

Current Assets

Current Liabilities

£277k

52avg. employees-12

Balance Sheet

Assets less current liabilities-£277k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
2024-£333k
20230.59-£133k
20220.00-£1.4M
20210.01-£84k
20200.38-£393k
20192.62

Derived from filed accounts. Not audited figures.