Company Overview
Watsons Law Llp is listed at the official companies registry as Active Limited Liability Partnership. The company was incorporated on Tuesday 07 March 2006, so this is a well established company. Watsons Law Llp has been in business for 20 years and 1 month. The accounts status is audit exemption subsidiary and the accounts are next due on Thursday 25 December 2025.
Registered Address

1A Tower Square, Leeds, LS1 4DL
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Companies House Data
Company NameWATSONS LAW LLP
Company NumberOC318240
Registered Office Address1a Tower Square
 LS1 4DL
Company CategoryLimited Liability Partnership
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date07/03/2006
Accounting Reference Date Day30
Accounting Reference Date Month12
Accounts Next Due Date25/12/2025
Accounts Last Made Up Date31/12/2023
Accounts Account CategoryAUDIT EXEMPTION SUBSIDIARY
Returns Next Due Date09/06/2017
Returns Last Made Up Date12/05/2016
Directors & Members
Show Resigned
Martin Hasyn - LLP Designated Member
(53 years old, born July 1973)
Appointed 12 February 2021
Active
Julian Watson - LLP Designated Member
(58 years old, born March 1968)
Appointed 07 March 2006
Active
Progeny Law And Tax Limited - LLP Designated Member
Appointed 12 February 2021
Active
Secretaries
No Secretaries Appointed
Balance Sheet Unlock full report
Accounts Date 31-Dec-2023 31-Dec-2021 31-Dec-2020
Balance Sheet
Fixed Assets 15,381 15,381 17,791
Current Assets 286,301 286,301 369,386
Creditors Due Within One Year 77,139 77,139 105,686
Working Cap 209,162 209,162 263,700
Total Assets Less Current Liabilities 224,543 224,543 281,491
Long-term Liabilities - - -
Net Assets - - -
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds - - -
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2023 31-Dec-2021 31-Dec-2020
Tangible Fixed Assets - - -
Fixed Assets 5.1% 5.1% 4.6%
Stocks Inventory - - -
Debtors 92.7% 92.7% 15.8%
Cash Bank In Hand 2.2% 2.2% 63.9%
Current Assets 94.9% 94.9% 95.4%
Creditors Due Within One Year 25.6% 25.6% 27.3%
Net Current Assets Liabilities 69.3% 69.3% 68.1%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds - - -
Capital Employed - - -
Total Assets Less Current Liabilities 74.4% 74.4% 72.7%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2023 31-Dec-2021 31-Dec-2020
Liquidity Ratio 3.7 3.7 3.5
Solvency Ratio - - -
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2023 31-Dec-2021 31-Dec-2020
Assets 301,682 301,682 387,177
Debt - - -
Net Assets/Debt - - -

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due
Paid After
30 days due
Owing Before
30 days due
Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.

Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Final Gazette dissolved via voluntary strike-off
First Gazette notice for voluntary strike-off
Application to strike the limited liability partnership off the register
Previous accounting period shortened from 31 December 2024 to 30 December 2024
Termination of appointment of Alistair Michael Scott-Somers as a member on 30 June 2025
Confirmation statement made on 12 May 2025 with no updates
Consolidated accounts of parent company for subsidiary company period ending 31/12/23
Notice of agreement to exemption from audit of accounts for period ending 31/12/23
Audit exemption statement of guarantee by parent company for period ending 31/12/23
Confirmation statement made on 12 May 2024 with no updates
Audit exemption statement of guarantee by parent company for period ending 31/12/22
Notice of agreement to exemption from audit of accounts for period ending 31/12/22
Consolidated accounts of parent company for subsidiary company period ending 31/12/22
Compulsory strike-off action has been discontinued
First Gazette notice for compulsory strike-off
Termination of appointment of Catherine Dodd as a member on 7 November 2023
Termination of appointment of Frances Ruth Davies as a member on 7 November 2023
Confirmation statement made on 12 May 2023 with no updates
Member's details changed for Mr Martin James Hasyn on 25 November 2022
Confirmation statement made on 12 May 2022 with no updates
Confirmation statement made on 12 May 2021 with no updates

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