WATSON ENGINEERING (BHAM) LIMITED Financials
- Company number
- 03061963CopyCopy
- Registered office
- Grays Court 5 Nursery Road, Edgbaston, Birmingham, West Midlands B15 3JX
- Incorporated
- 26/05/1995
Company snapshot
- Status
- Active
- Employees
- 5 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
15.83%vs 20232023: £581.18K
Total Assets
23.48%vs 20232023: £844.92K
Cash in Bank
146.82%vs 20232023: £214.13K
Total Liabilities
40.33%vs 20232023: £263.74K
Employees
0vs 20232023: 5
In 2024, WATSON ENGINEERING (BHAM) LIMITED reported net assets of £673.16K. The same filing shows total assets of £1.04M, cash in bank of £528.53K and total liabilities of £370.11K. Reported headcount was 5 in 2024. Cash in Bank rose from £214.13K in 2023 to £528.53K in 2024 (146.82%). 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
15.83%from £581.18K in 2023Year-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 WATSON ENGINEERING (BHAM) LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+48.8%vs 2022+22% a year compound (CAGR)
Cash in Bank
+147%vs 2022+57.1% a year compound (CAGR)
Total Assets
+62.9%vs 2022+27.6% a year compound (CAGR)
Total Liabilities
+96.9%vs 2022+40.3% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Cash in Bank+147%
£214.06K in 2022 to £528.53K in 2024
Every measure that changed in WATSON ENGINEERING (BHAM) LIMITED's filings between 2022 and 2024 rose. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets and total liabilities climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from WATSON ENGINEERING (BHAM) 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
- 64.52%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
- 35.48%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.
- Cash to liabilities
- 142.80%2024
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 50.66%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for WATSON ENGINEERING (BHAM) LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 270.43K | 452.41K | 581.18K | 673.16K |
| Total Assets£ | 320.34K | 640.37K | 844.92K | 1.04M |
| Cash in Bank£ | – | 214.06K | 214.13K | 528.53K |
| Total Liabilities£ | 49.91K | 187.96K | 263.74K | 370.11K |
| Employees | 5 | 5 | 5 | 5 |
WATSON ENGINEERING (BHAM) LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for WATSON ENGINEERING (BHAM) LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
WATSON ENGINEERING (BHAM) LIMITED reported net assets of £673.16K for 2024. That compares with £581.18K in 2023, a change of 15.83%.
WATSON ENGINEERING (BHAM) LIMITED reported total assets of £1.04M for 2024. That compares with £844.92K in 2023, a change of 23.48%.
WATSON ENGINEERING (BHAM) LIMITED reported cash in bank of £528.53K for 2024. That compares with £214.13K in 2023, a change of 146.82%.
WATSON ENGINEERING (BHAM) LIMITED reported 5 employees in 2024, compared with 5 in 2023.
Between 2022 and 2024, WATSON ENGINEERING (BHAM) LIMITED's net assets rose by 48.8%, cash in bank rose by 147%, total assets rose by 62.9% and total liabilities rose by 96.9%. Net assets compounded at 22% a year across the two years to 2024, from £452.41K to £673.16K. Reported headcount went from 5 in 2022 to 5 in 2024.
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.