Company Overview
William Watt (Electricians) Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Wednesday 13 March 2002, so this is a well established company. William Watt (Electricians) Limited has been in business for 24 years. The accounts status is micro entity and the accounts are next due on Monday 31 March 2025.
Registered Address

13 Comiston View, Edinburgh, EH10 6LP
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Companies House Data
Company NameWILLIAM WATT (ELECTRICIANS) LIMITED
Company NumberSC229091
Registered Office Address13 Comiston View
 EH10 6LP
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date13/03/2002
Accounting Reference Date Day30
Accounting Reference Date Month6
Accounts Next Due Date31/03/2025
Accounts Last Made Up Date30/06/2023
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date10/04/2017
Returns Last Made Up Date13/03/2016
Previous Company NameChanged Date
IMAGEAMBER LIMITED15 Nov 2019
Directors & Members
Show Resigned
Darrie Tighe - Director
(British, 71 years old, born December 1955)
Appointed 20 March 2002
 Active
Nadia Tighe - Director
(British, 68 years old, born November 1958)
Appointed 20 March 2002
 Active
Secretaries
Show Resigned
Other Company Directorships
Darrie Tighe
IMAGEAMBER 2 LIMITED
Nadia Tighe
IMAGEAMBER 2 LIMITED
Balance Sheet Unlock full report
Accounts Date 30-Jun-2023 30-Jun-2022 30-Jun-2021
Balance Sheet
Fixed Assets -600 -1,300 0
Current Assets 12,102 17,217 37,827
Creditors Due Within One Year 54 -264 9,587
Working Cap 12,048 17,481 28,240
Total Assets Less Current Liabilities 11,448 16,181 28,240
Long-term Liabilities 0 528 1,450
Net Assets 11,448 16,181 26,790
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 11,448 16,181 26,790
Common Size Financial Analysis Unlock full report
Accounts Date 30-Jun-2023 30-Jun-2022 30-Jun-2021
Tangible Fixed Assets - - -
Fixed Assets -5.2% -8.2% 0.0%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 105.2% 108.2% 100.0%
Creditors Due Within One Year 0.5% -1.7% 25.3%
Net Current Assets Liabilities 104.7% 109.8% 74.7%
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 99.5% 101.7% 70.8%
Capital Employed - - -
Total Assets Less Current Liabilities 99.5% 101.7% 74.7%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Jun-2023 30-Jun-2022 30-Jun-2021
Liquidity Ratio 224.1 -65.2 3.9
Solvency Ratio 213.0 60.3 3.4
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 1
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 1
Assets and Debt Analysis Unlock full report
Accounts Date 30-Jun-2023 30-Jun-2022 30-Jun-2021
Assets 11,502 15,917 37,827
Debt 54 264 11,037
Net Assets/Debt 11,448 16,181 26,790
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 balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. 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 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 balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. 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 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 balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. 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
Other Business around EH10 6LP
No other companies found in the same location
Document Filings
Final Gazette dissolved via voluntary strike-off
First Gazette notice for voluntary strike-off
Application to strike the company off the register
Confirmation statement made on 13 March 2024 with no updates
Confirmation statement made on 13 March 2023 with no updates
Confirmation statement made on 13 March 2022 with updates
Purchase of own shares.
Confirmation statement made on 13 March 2021 with no updates
Confirmation statement made on 13 March 2020 with updates
Satisfaction of charge 1 in full
Resolutions
Registered office address changed from 49 Barclay Place Edinburgh Midlothian EH10 4HW to 13 Comiston View Edinburgh EH10 6LP on 1 November 2019
Confirmation statement made on 13 March 2019 with no updates
Confirmation statement made on 13 March 2018 with no updates
Confirmation statement made on 13 March 2017 with updates
Annual return made up to 13 March 2016 with full list of shareholders
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