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Ben Watts Ltd

12629027

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

50 ERNEST ROAD, HAVANT, PO9 3TL
Incorporated 28/05/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

66220
Activities of insurance agents and brokers

Officers

Mr Benjamin Richard Watts

director · Since 28/05/2020

SALES PERSON

ENGLISH · ENGLAND · Age 30

Also on 1 other board

Persons with Significant Control

Mr Benjamin Richard Watts

25–50% shares
25–50% votes
Appoint directors

English · England · Age 30

50, Ernest Road, Havant, PO9 3TL

Notified 28/05/2020

Former PSCs

Mrs Lily Florence Watts

Ceased 23/08/2023

CompanyRankvs 5165+ SIC 66220 peers
31

Financial strength11th percentile among SIC peers · 3/25
Employees30th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees5/15 pts

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

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity6/15 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 31/05/2024

Net Worth

-£622

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£422

Working capital

Current Assets

£0

Current Liabilities

£422

Fixed Assets

£0

1avg. employees

Balance Sheet

Assets less current liabilities-£422
Signed by 1.6.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent Ratio
20240.00
20231.01
2022Infinity
20212.10

Derived from filed accounts. Not audited figures.