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The Watt Group (North East) Limited

12073742

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

2 LAKESIDE, WAKEFIELD, WF2 7AW
Incorporated 27/06/2019

Compliance

Last accounts

30/06/2023

micro entity

Next accounts due

31/12/2025

Overdue

Confirmation statement

Last: 26/06/2025

Due 10/07/2026

Overdue

Industry

77320
Renting and leasing of construction and civil engineering machinery and equipment

Officers

Mr Derek William Watt

director · Since 27/06/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 2 other boards

Mrs Wendy Ann Watt

director · Since 27/06/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 2 other boards

Persons with Significant Control

Mr Derek William Watt

25–50% shares
25–50% votes

British · England · Age 56

3 Manorside, Wynyard, TS22 5SF

Notified 27/06/2019

Mrs Wendy Ann Watt

25–50% shares
25–50% votes

British · England · Age 57

3 Manorside, Wynyard, TS22 5SF

Notified 27/06/2019

Insolvency History2 cases

creditors voluntary liquidation02/02/2026

Simon Weir (practitioner)

compulsory liquidation25/02/2026

Mark Nicholas Ranson (practitioner) · Emma Mifsud (practitioner) · The Official Receiver Or Nottingham (practitioner)

CompanyRankvs 15+ SIC 77320 peers
18

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.99× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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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.

Employees0/15 pts

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

Liquidity6/20 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.

Risk deductions

Insolvency history: -10 pts

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

Key FinancialsYear ending 30/06/2023

Net Worth

£11k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£3k

Working capital

Current Assets

£335k

Current Liabilities

£338k

Fixed Assets

£64k

8avg. employees

Balance Sheet

Assets less current liabilities£61k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20230.99

Derived from filed accounts. Not audited figures.