Watson Construction (Holdings) Ltd
12650411
Some Concerns
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 08/06/2020
DIRECTOR
BRITISH · ENGLAND · Age 37
Also on 6 other boards
Persons with Significant Control
Michael Richard Watson
British · United Kingdom · Age 34
Spark Studio, 208-210 Great Clowes Street, Salford, M7 2ZS
Notified 08/06/2020
Mr Robert Thomas Watson
British · England · Age 37
Spark Studio, 208-210 Great Clowes Street, Salford, M7 2ZS
Notified 08/06/2020
Former PSCs
Richard Macdonald Watson
Ceased 22/06/2020
Charges2 outstanding
GREATER MANCHESTER COMBINED AUTHORITY
GREATER MANCHESTER COMBINED AUTHORITY
TOGETHER COMMERCIAL FINANCE LIMITED
TOGETHER COMMERCIAL FINANCE LIMITED
CompanyRankvs 378+ SIC 64203 peers48
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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
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to
Key FinancialsYear ending 31/12/2024
Net Worth
£7.6M
Balance sheet strength
Cash
£4.0M
Cash in the bank
Net Current Assets
£459k
Working capital
Current Assets
£4.2M
Current Liabilities
£3.8M
Fixed Assets
£201k
Debtors
£1.3M
Cost of Sales
£28.2M
Admin Expenses
£2.7M
Profit After Tax
£587k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.12 | +£6.8M |
| 2023 | 1.13 | +£436k |
| 2021 | 2.02 | — |
Derived from filed accounts. Not audited figures.