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Watson House Builds Ltd

14251885

active
Private Limited Company
Companies House
Health Score
77 / 100

Some Concerns

25/30
Filing
20/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • 4 outstanding charges (-8)

Details

BEECHURST, SPALDING, PE12 8AU
Incorporated 23/07/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41201
Construction of commercial buildings

Officers

Mr Philip Watson

director · Since 23/07/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Also on 1 other board

Persons with Significant Control

Mr Philip Watson

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

British · England · Age 45

Beechurst, Stockwell Gate, Spalding, PE12 8AU

Notified 23/07/2022

Charges4 outstanding

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outstanding

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CompanyRankvs 8311+ SIC 41201 peers
53

Financial strength87th percentile among SIC peers · 22/25
Employees10th percentile among SIC peers · 2/15
LiquidityCurrent ratio 4.1× · 20/20
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 strength22/25 pts

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

Employees2/15 pts

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

Liquidity20/20 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 31/07/2024

Net Worth

£193k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£317k

Working capital

Current Assets

£419k

Current Liabilities

£102k

Fixed Assets

£131k

0avg. employees

Balance Sheet

Assets less current liabilities£447k
Prepared with BTCSoftware AP Solution 2025 12.1.03

EstimatesDerived

YearCurrent RatioImplied Profit
20244.10+£67k
20231.87

Derived from filed accounts. Not audited figures.