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P.A. WATTS ENGINEERING LIMITED Financials

Company number
05164013Copy
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Registered office
Unit 91a Gibbons Industrial Park, Kingswinford, West Midlands DY6 8XF
Incorporated
28/06/2004

Company snapshot

Status
Active
Employees
6 (2024)
Latest financial data
2024
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£203.22K2024
-1.95%vs 2023

2023: £207.25K

Total Assets

£284.53K2024
11.71%vs 2023

2023: £254.70K

Total Liabilities

£81.32K2024
71.37%vs 2023

2023: £47.45K

Employees

62024
0vs 2023

2023: 6

In 2024, P.A. WATTS ENGINEERING LIMITED reported net assets of £203.22K. The same filing shows total assets of £284.53K and total liabilities of £81.32K. Reported headcount was 6 in 2024. Total Liabilities rose from £47.45K in 2023 to £81.32K in 2024 (71.37%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.

Financial performance

Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.

Net Assets

£203.22K2024
-1.95%from £207.25K in 2023

Year-on-year change

Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.

3-year financial trend (2022–2024)

How the figures P.A. WATTS ENGINEERING LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£197.97K2022£203.22K2024
+2.7%vs 2022

+1.3% a year compound (CAGR)

Total Assets

£237.89K2022£284.53K2024
+19.6%vs 2022

+9.4% a year compound (CAGR)

Total Liabilities

£39.92K2022£81.32K2024
+104%vs 2022

+42.7% a year compound (CAGR)

Employees

5202262024
+20%vs 2022+1

Biggest increase

Total Liabilities+104%

£39.92K in 2022 to £81.32K in 2024

Every indicator Okredo holds for P.A. WATTS ENGINEERING LIMITED rose between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, with net assets, total assets and employee numbers climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from P.A. WATTS ENGINEERING LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.

Net assets to total assets
71.42%2024

Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.

Liabilities to total assets
28.58%2024

Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for P.A. WATTS ENGINEERING LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£155.63K197.97K207.25K203.22K
Total Assets£199.88K237.89K254.70K284.53K
Cash in Bank£––––
Total Liabilities£44.24K39.92K47.45K81.32K
Employees5566

P.A. WATTS ENGINEERING LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has P.A. WATTS ENGINEERING LIMITED filed financial statements?

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Yes. Okredo holds filed figures for P.A. WATTS ENGINEERING LIMITED covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.

What net assets did P.A. WATTS ENGINEERING LIMITED report in 2024?

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P.A. WATTS ENGINEERING LIMITED reported net assets of £203.22K for 2024. That compares with £207.25K in 2023, a change of -1.95%.

What total assets did P.A. WATTS ENGINEERING LIMITED report in 2024?

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P.A. WATTS ENGINEERING LIMITED reported total assets of £284.53K for 2024. That compares with £254.70K in 2023, a change of 11.71%.

What total liabilities did P.A. WATTS ENGINEERING LIMITED report in 2024?

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P.A. WATTS ENGINEERING LIMITED reported total liabilities of £81.32K for 2024. That compares with £47.45K in 2023, a change of 71.37%.

How many people does P.A. WATTS ENGINEERING LIMITED employ?

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P.A. WATTS ENGINEERING LIMITED reported 6 employees in 2024, compared with 6 in 2023.

How have P.A. WATTS ENGINEERING LIMITED financials changed over the last 3 years?

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Between 2022 and 2024, P.A. WATTS ENGINEERING LIMITED's net assets rose by 2.7%, total assets rose by 19.6%, total liabilities rose by 104% and employee numbers rose by 20%. Net assets compounded at 1.3% a year across the two years to 2024, from £197.97K to £203.22K. Reported headcount went from 5 in 2022 to 6 in 2024 (+1).

Which years of P.A. WATTS ENGINEERING LIMITED financial data are available?

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Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.