Back to search

Watt Health Ltd

12843941

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

168A BRIDGE ROAD, SOUTHAMPTON, SO31 7EH
Incorporated 28/08/2020

Compliance

Last accounts

31/08/2025

total exemption full

Next accounts due

31/05/2027

On track

Confirmation statement

Last: 24/08/2025

Due 07/09/2026

On track

Industry

86220
Specialist medical practice activities

Officers

Mr Nicholas George Watt

director · Since 28/08/2020

CHIROPRACTOR

BRITISH · ENGLAND · Age 36

Also on 1 other board

Mrs Stephanie Leanne Watt

director · Since 28/08/2020

PHYSIOTHERAPIST

BRITISH · ENGLAND · Age 36

Also on 1 other board

Persons with Significant Control

Watt Health Holdings Limiited

75–100% shares

168a, Bridge Road, Southampton, SO31 7EH

Notified 14/06/2023

Watt Health Holdings Ltd

75–100% shares
75–100% votes
Appoint directors

39 Chapel Road, Southampton, SO30 3FG

Reg: 13961385 · Companies House · Private Limited Company

Notified 14/06/2023

Former PSCs

Mr Nicholas George Watt

Ceased 14/06/2023

Mrs Stephanie Leanne Watt

Ceased 14/06/2023

Charges1 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 31/05/2022Registered 14/06/2022

CompanyRankvs 9504+ SIC 86220 peers
55

Financial strength74th percentile among SIC peers · 19/25
Employees63th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1.59× · 16/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength19/25 pts

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

Employees9/15 pts

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

Liquidity16/20 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.

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 31/08/2024

Net Worth

£79k

Balance sheet strength

Cash

£40k

Cash in the bank

Net Current Assets

£51k

Working capital

Current Assets

£137k

Current Liabilities

£86k

Fixed Assets

£67k

Debtors

£97k

2avg. employees

Balance Sheet

Assets less current liabilities£118k

EstimatesDerived

YearCurrent RatioImplied Profit
20241.59-£7k
20231.47+£34k
20222.02+£3k
20214.40

Derived from filed accounts. Not audited figures.