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Watt-Vapes Ltd

13496462

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

58 KEYMER ROAD, HASSOCKS, BN6 8AR
Incorporated 06/07/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47260
Retail sale of tobacco products in specialised stores

Officers

Mr Joshua Robert Powell

director · Since 20/01/2023

DIRECTOR

BRITISH · ENGLAND · Age 32

Persons with Significant Control

Mr Joshua Robert Powell

75–100% shares
75–100% votes

British · England · Age 32

Flat 2 Wrentham House, 34 Junction Road, Burgess Hill, RH15 0JN

Notified 06/07/2021

Former PSCs

Mr Timothy John Powell

Ceased 20/01/2023

CompanyRankvs 1429+ SIC 47260 peers
30

Financial strength3th percentile among SIC peers · 1/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.26× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees7/15 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.

Longevity5/15 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 31/07/2025

Net Worth

-£62k

Balance sheet strength

Cash

£718

Cash in the bank

Net Current Assets

-£59k

Working capital

Current Assets

£21k

Current Liabilities

£80k

Fixed Assets

£5k

Debtors

£12k

2avg. employees

Balance Sheet

Bank loans & overdrafts£8k
Assets less current liabilities-£54k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.26+£0
20250.26-£8k
20240.25-£43k
20231.05+£4k
20220.42

Derived from filed accounts. Not audited figures.