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Watkin Law Ltd

15697724

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

1 ORCHARD VILLAS, WELLINGTON, TA21 8RE
Incorporated 30/04/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74909
Other professional, scientific and technical activities

Officers

Mr Peter Terence Watkin

director · Since 30/04/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 70

Also on 6 other boards

Persons with Significant Control

Mr Peter Terence Watkin

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

British · United Kingdom · Age 70

1 Orchard Villas, High Street, Wellington, TA21 8RE

Notified 30/04/2024

CompanyRankvs 29377+ SIC 74909 peers
53

Financial strength54th percentile among SIC peers · 14/25
Employees69th percentile among SIC peers · 10/15
LiquidityCurrent ratio 1.4× · 12/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength14/25 pts

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

Employees10/15 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.

Longevity2/15 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 30/04/2025

Net Worth

£5k

Balance sheet strength

Cash

£10k

Cash in the bank

Net Current Assets

£3k

Working capital

Current Assets

£11k

Current Liabilities

£8k

Fixed Assets

£2k

Debtors

£1k

2avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20251.40

Derived from filed accounts. Not audited figures.