Watt Electric Vehicle Company Limited
12294861
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 15/11/2022
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 63
Also on 4 other boards
director · Since 22/11/2024
HEAD OF COMMERCIAL OPERATIONS
BRITISH · ENGLAND · Age 44
Also on 3 other boards
Persons with Significant Control
Watt Ev Holdings Limited
Unit 5 Abbey View Park, Abbey View Road, Pershore, WR10 2FW
Reg: 13745916 · England And Wales · Private Company Limited By Shares
Notified 29/04/2022
Former PSCs
Mr Neil Yates
Ceased 29/04/2022
Charges2 outstanding
NORRICE FINANCE LIMITED
NORRICE FINANCE LIMITED
NORRICE FINANCE LIMITED
NORRICE FINANCE LIMITED
NORRICE FINANCE LIMITED
CompanyRankvs 515+ SIC 29100 peers29
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/09/2024
Net Worth
-£2.5M
Balance sheet strength
Cash
£4k
Cash in the bank
Net Current Assets
-£2.2M
Working capital
Current Assets
£44k
Current Liabilities
£2.2M
Fixed Assets
£31k
Debtors
£40k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.02 | -£1.5M |
| 2023 | 0.08 | -£823k |
| 2022 | 0.27 | -£210k |
| 2021 | 4.41 | — |
Derived from filed accounts. Not audited figures.