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Watson & Son Construction Ltd

11923617

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

13 ST. JOHNS ROAD, DURHAM, DH7 8ER
Incorporated 03/04/2019

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 27/03/2025

Due 10/04/2026

Overdue

Industry

43120
Site preparation

Officers

Mr Michael Stanley Watson

director · Since 03/04/2019

DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 3 other boards

Persons with Significant Control

Mr Michael Stanley Watson

75–100% shares

British · England · Age 41

13, St. Johns Road, Durham, DH7 8ER

Notified 03/04/2019

CompanyRankvs 278+ SIC 43120 peers
80

Financial strength93th percentile among SIC peers · 23/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.61× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 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.

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.

Longevity7/15 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 31/03/2025

Net Worth

£842k

Balance sheet strength

Cash

£566k

Cash in the bank

Net Current Assets

£826k

Working capital

Current Assets

£1.3M

Current Liabilities

£513k

Fixed Assets

£597k

Debtors

£716k

20avg. employees

Balance Sheet

Bank loans & overdrafts£581k
Assets less current liabilities£1.4M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20252.61+£506k
20242.29+£46k
20231.48+£18k
20221.52+£120k
20211.52+£63k
20201.18

Derived from filed accounts. Not audited figures.