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Watkins Welding And Engineering Limited

15368927

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

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

Details

70 LOCKING CLOSE, MELKSHAM, SN12 6XS
Incorporated 22/12/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25990
Manufacture of other fabricated metal products
71129
Other engineering activities

Officers

Mrs Amy Louise Watkins

director · Since 22/12/2023

DIRECTOR

BRITISH · ENGLAND · Age 40

Mr Peter John Watkins

director · Since 22/12/2023

DIRECTOR

BRITISH · ENGLAND · Age 40

Persons with Significant Control

Mr Peter John Watkins

50–75% shares
50–75% votes
Appoint directors

British · England · Age 40

70, Locking Close, Melksham, SN12 6XS

Notified 22/12/2023

Mrs Amy Louise Watkins

25–50% shares
25–50% votes
Appoint directors

British · England · Age 40

70, Locking Close, Melksham, SN12 6XS

Notified 22/12/2023

CompanyRankvs 4630+ SIC 25990 peers
46

Financial strength41th percentile among SIC peers · 10/25
Employees41th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.01× · 12/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength10/25 pts

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

Employees6/15 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.

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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

£11k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£1k

Working capital

Current Assets

£29k

Current Liabilities

£28k

Fixed Assets

£13k

2avg. employees

Balance Sheet

Assets less current liabilities£12k
Signed by 15368927 2023-12-22 2024-12-31 15368927 2024-12-31 15368927 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent Ratio
20241.01

Derived from filed accounts. Not audited figures.