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Watson Metal Recycling Limited

13997964

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

329 BRADFORD ROAD, HUDDERSFIELD, HD1 6ER
Incorporated 23/03/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46770
Wholesale of waste and scrap

Officers

Mr David Anthony Watson

director · Since 23/03/2022

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 2 other boards

Miss Shania Leoline Watson

secretary · Since 31/08/2023

Miss Shania Watson

director · Since 01/03/2024

DIRECTOR

BRITISH · ENGLAND · Age 25

Also on 4 other boards

Persons with Significant Control

Mr David Anthony Watson

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

British · England · Age 60

329, Bradford Road, Huddersfield, HD1 6ER

Notified 23/03/2022

Charges1 outstanding

Charge
outstanding

KINGFISHER CAPITAL LIMITED

Created 10/05/2022Registered 12/05/2022

CompanyRankvs 1042+ SIC 46770 peers
23

Financial strength10th percentile among SIC peers · 3/25
Employees58th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees9/15 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.

Longevity4/15 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 31/03/2025

Net Worth

-£5k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£493k

Working capital

Current Assets

£2k

Current Liabilities

£495k

Fixed Assets

£488k

2avg. employees

Director Loans(2023)

Company owes directors£350

Balance Sheet

Assets less current liabilities-£5k
Signed by Miss SHANIA WATSON 29/05/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.00-£3k

Derived from filed accounts. Not audited figures.