WATTS AIR CONDITIONING LTD Financials
- Company number
- 06525707CopyCopy
- Registered office
- C/O Adey Fitzgerald And Walker C/O Adey Fitzgerald And Walker, 26 High Street, Barry, Vale Of Glamorgan CF62 7EB
- Incorporated
- 06/03/2008
Company snapshot
- Status
- Active
- Employees
- 4 (2025)
- Latest financial data
- 2025
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-250.38%vs 20242024: £9.19K
Total Assets
57.34%vs 20242024: £47.27K
Total Liabilities
131.59%vs 20242024: £38.08K
Employees
+1vs 20242024: 3
In 2025, WATTS AIR CONDITIONING LTD reported net assets of £-13.82K. The same filing shows total assets of £74.37K and total liabilities of £88.19K. Reported headcount was 4 in 2025. Total Liabilities rose from £38.08K in 2024 to £88.19K in 2025 (131.59%). Okredo holds filed figures for 2021–2025; 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
-250.38%from £9.19K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures WATTS AIR CONDITIONING LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-804%vs 2023Total Assets
+133%vs 2023+52.7% a year compound (CAGR)
Total Liabilities
+195%vs 2023+71.6% a year compound (CAGR)
Employees
0%vs 2023Biggest increase
Total Liabilities+195%
£29.93K in 2023 to £88.19K in 2025
Biggest decrease
Net Assets-804%
£1.96K in 2023 to £-13.82K in 2025
WATTS AIR CONDITIONING LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from WATTS AIR CONDITIONING LTD'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
- -18.58%2025
- 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
- 118.58%2025
- 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 WATTS AIR CONDITIONING LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 6.82K | 37.53K | 1.96K | 9.19K | -13.82K |
| Total Assets£ | 40.79K | 82.61K | 31.89K | 47.27K | 74.37K |
| Cash in Bank£ | – | – | – | – | – |
| Total Liabilities£ | 33.97K | 45.08K | 29.93K | 38.08K | 88.19K |
| Employees | 3 | 3 | 4 | 3 | 4 |
WATTS AIR CONDITIONING LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for WATTS AIR CONDITIONING LTD covering 2021–2025, across 4 reported indicators. The most recent reported year is 2025.
WATTS AIR CONDITIONING LTD reported net assets of £-13.82K for 2025. That compares with £9.19K in 2024, a change of -250.38%.
WATTS AIR CONDITIONING LTD reported total assets of £74.37K for 2025. That compares with £47.27K in 2024, a change of 57.34%.
WATTS AIR CONDITIONING LTD reported total liabilities of £88.19K for 2025. That compares with £38.08K in 2024, a change of 131.59%.
WATTS AIR CONDITIONING LTD reported 4 employees in 2025, compared with 3 in 2024.
Between 2023 and 2025, WATTS AIR CONDITIONING LTD's net assets fell by 804%, total assets rose by 133%, total liabilities rose by 195% and employee numbers was unchanged. Total assets compounded at 52.7% a year across the two years to 2025, from £31.89K to £74.37K. Reported headcount went from 4 in 2023 to 4 in 2025.
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.