R E WATT LTD

Company number SC535410 · Active · Lerwick ZE1 0PX

D
Firmoscan score 43/100
Companies House ↗

R E WATT LTD is an active private limited company (company number SC535410) incorporated on 13 May 2016, registered in Lerwick. Its registered activity is maintenance and repair of motor vehicles (SIC 45200). Latest micro accounts cover the period ending 31 May 2025, showing net assets of −£1.20m, with 5 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 14% on the prior period (−£1.05m).

By net assets it sits in the bottom quarter of 7,203 comparable companies in Other (median £4,498, upper quartile £47k).

Key dates

Incorporated
13 May 2016
Next accounts due
28 February 2027 — in 129 days
Confirmation statement due
27 May 2027 — in 217 days

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

Activity

SIC 45200
Maintenance and repair of motor vehicles
Accounts type
Micro Entity
Size band
Micro (Companies Act thresholds)

Financials — 2 periods on record, latest ending 31 May 2025

Net assets
Net assetsMay 2024: −£1.05m; May 2025: −£1.20m−£1.05m−£1.20mMay 2024May 2025
Average employees
Average employeesMay 2024: 5; May 2025: 555May 2024May 2025
Period endNet assetsCashDebtorsCreditors <1yTurnoverProfitEmployees
31 May 2025−£1.20m—————5
31 May 2024−£1.05m—————5

Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing; micro-entity accounts contain no profit and loss account.

Firmoscan score: 43/100 (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

  • Sean David Watt — owns 25–50% of shares; holds 25–50% of voting rights · since 13 May 2016
  • Jrr Fishing Ltd (corporate entity, United Kingdom) — owns 25–50% of shares; holds 25–50% of voting rights · since 13 May 2016
  • James Robert Ramsay — owns 25–50% of shares; holds 25–50% of voting rights · since 13 May 2016 · ceased 13 May 2016

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 the UK

Same activity (maintenance and repair of motor vehicles), closest in incorporation date.

All companies incorporated on 13 May 2016 · in May 2016.

Reminders for R E WATT LTD

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