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Watt Health Ltd

12843941

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-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: 24/08/2026

Due 07/09/2027

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 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

Watt Health Holdings Limiited

75–100% shares

168a, Bridge Road, Southampton, SO31 7EH

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 6135+ SIC 86220 peers
47

Financial strength76th percentile among SIC peers · 19/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.36× · 12/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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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.

Employees15/15 pts

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

Liquidity12/20 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

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

the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Going concern In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company

Key FinancialsYear ending 31/08/2025

Net Worth

£92k

Balance sheet strength

Cash

£42k

Cash in the bank

Net Current Assets

£38k

Working capital

Current Assets

£146k

Current Liabilities

£107k

Fixed Assets

£77k

Debtors

£103k

8avg. employees+6

Balance Sheet

Assets less current liabilities£116k
Signed by Mr N Watt,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.36+£14k
20241.59-£7k
20231.47

Derived from filed accounts. Not audited figures.