WATTS ELECTRICAL ENGINEERING LTD

Company number 12098501 · Active · Newport NP10 8RE

Owned by David John Watts (significant control)

D
Firmoscan score 48/100
Companies House ↗

WATTS ELECTRICAL ENGINEERING LTD is an active private limited company (company number 12098501) incorporated on 11 July 2019, registered in Newport. Its registered activity is electrical installation (SIC 43210). Latest small accounts cover the period ending 31 July 2025, showing net assets of −£25k and cash of £237, with 1 employee on average. Net assets rose 39% on the prior period (−£41k). Across the last 3 periods on record the net-asset trend is volatile.

By net assets it sits in the bottom quarter of 673 comparable companies in Cardiff (median £3,958, upper quartile £35k).

Key dates

Incorporated
11 July 2019
Next accounts due
30 April 2027 — in 190 days
Confirmation statement due
25 July 2027 — in 276 days

Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.

Activity

SIC 43210
Electrical installation
Accounts type
Total Exemption Full
Size band
Micro (Companies Act thresholds)

Financials — 3 periods on record, latest ending 31 July 2025

Net assets
Net assetsJul 2023: −£30k; Jul 2024: −£41k; Jul 2025: −£25k−£30k−£41k−£25kJul 2023Jul 2024Jul 2025
Cash at bank
Cash at bankJul 2023: £1,455; Jul 2024: £2,040; Jul 2025: £237£1,455£2,040£237Jul 2023Jul 2024Jul 2025
Average employees
Average employeesJul 2023: 3; Jul 2024: 4; Jul 2025: 1341Jul 2023Jul 2024Jul 2025
Period endNet assetsCashDebtorsCreditors <1yTurnoverProfitEmployees
31 July 2025−£25k£237£20k£22k——1
31 July 2024−£41k£2,040£5,909£16k——4
31 July 2023−£30k£1,455£6,394£14k——3
Current ratio
0.94 — current liabilities exceed current assets
Cash per employee
£237

Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.

Firmoscan score: 48/100 (grade D)

A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice.

Ownership and control

  • Mr David John Watts — has significant influence or control; has significant influence or control; has significant influence or control · since 30 July 2024
  • Mr David John Watts — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors · since 11 July 2019 · ceased 1 March 2022
  • Mrs Christine Margaret Ottley — has significant influence or control; has significant influence or control; has significant influence or control · since 19 February 2022 · ceased 26 July 2024

Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.

Similar companies in Cardiff

Same activity (electrical installation), closest in incorporation date.

All companies incorporated on 11 July 2019 · in Jul 2019.

Reminders for WATTS ELECTRICAL ENGINEERING LTD

Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.