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Watts Property Holdings Ltd

14596441

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

5 FOXCOTTE CLOSE, NORWICH, NR6 6QB
Incorporated 16/01/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Luke James Watts

director · Since 16/01/2023

PROPERTY DEVELOPER

BRITISH · ENGLAND · Age 31

Also on 2 other boards

Persons with Significant Control

Mr Luke James Watts

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

British · England · Age 31

5, Foxcotte Close, Norwich, NR6 6QB

Notified 16/01/2023

Charges1 outstanding

Charge
outstanding

LANDBAY PARTNERS LIMITED

Created 11/07/2024Registered 12/07/2024
Charge
satisfied

LENDINVEST SECURITY TRUSTEES LIMITED

Created 12/07/2023Registered 12/07/2023Satisfied 07/08/2024

CompanyRankvs 178191+ SIC 68100 peers
15

Financial strength9th percentile among SIC peers · 2/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.29× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength2/25 pts

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

Employees3/15 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.

Longevity3/15 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 31/01/2025

Net Worth

-£36k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£23k

Current Liabilities

£79k

Fixed Assets

£298k

0avg. employees

Balance Sheet

Total assets£321k

EstimatesDerived

YearCurrent RatioImplied Profit
20250.29-£34k
20240.15

Derived from filed accounts. Not audited figures.