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Watts On Electrical Wholesale Ltd

16251563

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

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

Details

PEAT HOUSE, TRURO, TR1 2DP
Incorporated 13/02/2025

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47990
Other retail sale not in stores, stalls or markets

Officers

Mrs Caroline Lane

director · Since 13/02/2025

FINANCE DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 2 other boards

Mr Robert Andrew Lane

director · Since 13/02/2025

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 2 other boards

Persons with Significant Control

Watts On Holdings Ltd

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

Peat House, Newham Road, Truro, TR1 2DP

Reg: 16383519 · Companies House · Ltd

Notified 11/07/2025

Former PSCs

Mr Robert Andrew Lane

Ceased 11/07/2025

Mrs Caroline Lane

Ceased 11/07/2025

CompanyRankvs 24963+ SIC 47990 peers
35

Financial strength6th percentile among SIC peers · 2/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.64× · 6/20
Longevity1 year trading (max 15) · 1/15
Filing complianceAll filings up to date · 15/15
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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.

Employees11/15 pts

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

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity1/15 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 31/12/2025

Net Worth

-£32k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

-£77k

Working capital

Current Assets

£139k

Current Liabilities

£216k

Fixed Assets

£58k

Debtors

£72k

2avg. employees

Balance Sheet

Assets less current liabilities-£19k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20250.64

Derived from filed accounts. Not audited figures.