WATSON ELECTRICAL SERVICES LIMITED Financials
- Company number
- 03368698CopyCopy
- Registered office
- 3 Conqueror Court, Sittingbourne, Kent ME10 5BH
- Incorporated
- 09/05/1997
Company snapshot
- Status
- Active
- Employees
- 3 (2023)
- Latest financial data
- 2023
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
6.05%vs 20222022: £3.74K
Cash in Bank
163.96%vs 20222022: £1.12K
Employees
0vs 20222022: 3
In 2023, WATSON ELECTRICAL SERVICES LIMITED reported net assets of £3.96K. The same filing shows cash in bank of £2.96K. Reported headcount was 3 in 2023. Cash in Bank rose from £1.12K in 2022 to £2.96K in 2023 (163.96%). Okredo holds filed figures for 2021–2023; 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
6.05%from £3.74K in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures WATSON ELECTRICAL SERVICES LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-31.6%vs 2021-17.3% a year compound (CAGR)
Cash in Bank
-81.8%vs 2021-57.4% a year compound (CAGR)
Employees
0%vs 2021Biggest decrease
Cash in Bank-81.8%
£16.29K in 2021 to £2.96K in 2023
Every measure that changed in WATSON ELECTRICAL SERVICES LIMITED's filings between 2021 and 2023 fell. The steepest fall came in cash in bank, pointing to a tighter cash position, with net assets falling alongside it. See the full year-by-year figures.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for WATSON ELECTRICAL SERVICES LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 5.79K | 3.74K | 3.96K |
| Total Assets£ | – | – | – |
| Cash in Bank£ | 16.29K | 1.12K | 2.96K |
| Total Liabilities£ | – | – | – |
| Employees | 3 | 3 | 3 |
WATSON ELECTRICAL SERVICES LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for WATSON ELECTRICAL SERVICES LIMITED covering 2021–2023, across 3 reported indicators. The most recent reported year is 2023.
WATSON ELECTRICAL SERVICES LIMITED reported net assets of £3.96K for 2023. That compares with £3.74K in 2022, a change of 6.05%.
WATSON ELECTRICAL SERVICES LIMITED reported cash in bank of £2.96K for 2023. That compares with £1.12K in 2022, a change of 163.96%.
WATSON ELECTRICAL SERVICES LIMITED reported 3 employees in 2023, compared with 3 in 2022.
Between 2021 and 2023, WATSON ELECTRICAL SERVICES LIMITED's net assets fell by 31.6%, cash in bank fell by 81.8% and employee numbers was unchanged. Net assets contracted at 17.3% a year across the two years to 2023, from £5.79K to £3.96K. Reported headcount went from 3 in 2021 to 3 in 2023.
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.