P Watson Joinery Ltd
12601973
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 14/05/2020
JOINER
BRITISH · ENGLAND · Age 27
Also on 1 other board
Persons with Significant Control
Mr Patrick William Watson
British · England · Age 27
School House, Station Road, Doncaster, DN7 4EG
Notified 14/05/2020
CompanyRankvs 12683+ SIC 43320 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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/05/2024
Net Worth
-£146k
Balance sheet strength
Cash
£200
Cash in the bank
Net Current Assets
-£153k
Working capital
Current Assets
£20k
Current Liabilities
£173k
Fixed Assets
£16k
Debtors
£2k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.11 | -£28k |
| 2023 | 0.10 | -£65k |
| 2022 | 0.22 | -£49k |
| 2021 | 0.45 | — |
Derived from filed accounts. Not audited figures.