Watson Construction Ltd in Salford, M7 2ZS

Description

Data updated on: 01-11-2023

Watson Construction Ltd with reg. no. 08621624 has been operating on the market for eleven years. This particular Private Limited Company can be contacted at Spark Studio, 208-210 Great Clowes Street, Salford and company's post code is M7 2ZS. This firm's classified under the NACE and SIC code 41100: Development of building projects. 31st December 2022 is the last time when the accounts were reported.

The data we obtained detailing this particular firm's MDs suggests the existence of two directors: Robert W. and Michael W. who were appointed to their positions on 2013-07-23.

The companies that control this firm include: Watson Construction (Holdings) Ltd owns over 3/4 of company shares and has 3/4 to full of voting rights. This business can be reached in Salford at 208-210 Great Clowes Street, M7 2ZS and was registered as a PSC under the registration number 12650411.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2014-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency
Net Worth	215 882

Balance Sheet
Cash Bank On Hand		802 082	761 210	606 494	2 502 279	4 494 754	2 783 725	1 194 642
Current Assets	1 310 564	2 714 043	2 080 998	2 164 054	4 996 579	7 869 023	9 450 569	9 144 405
Debtors	582 673	220 831	1 052 140	1 510 743	1 982 483	3 327 452	6 620 027	7 949 763
Net Assets Liabilities		769 117	1 076 064	1 229 936	2 684 828	3 911 913	5 239 178	4 645 121
Other Debtors		64 458	73 037	156 105	72 090	381 805	197 032	268 970
Property Plant Equipment		7 713	34 465	45 461	43 238	67 413	77 739	144 567
Total Inventories		124 817	46 817	46 817	511 817	46 817	46 817
Cash Bank In Hand	62 584
Stocks Inventory	665 307
Tangible Fixed Assets	2 757

Capital & Reserves
Called Up Share Capital	2
Profit Loss Account Reserve	35 880
Shareholder Funds	215 882

Other Financial Data
Audit Fees Expenses						17 750	13 200	16 471
Accrued Liabilities Deferred Income		244 914	72 084	76 917	140 278	1 483 151	2 019 587	2 017 513
Accumulated Amortisation Impairment Intangible Assets					38 731	78 853	127 712	179 181
Accumulated Depreciation Impairment Property Plant Equipment		5 960	12 545	29 349	43 905	63 176	96 650	135 793
Additions Other Than Through Business Combinations Intangible Assets				159 527	34 129	27 810	35 880
Additions Other Than Through Business Combinations Property Plant Equipment			33 755	27 800	14 761	46 671	43 958	111 665
Administrative Expenses					716 937	1 251 188	1 450 119	1 671 926
Amortisation Expense Intangible Assets					38 731	40 122	48 859	51 469
Amounts Owed By Group Undertakings			220 831	235 778	184 906	311 446	2 460 506	2 463 073
Amounts Owed To Group Undertakings						93 999
Average Number Employees During Period		24	28	23	27	34	61	56
Corporation Tax Payable		182 922	205 224	1 719	357 116	334 121	256 788
Corporation Tax Recoverable								127 779
Cost Sales					14 339 710	18 274 007	22 196 891	22 679 715
Creditors		200 000	200 000	200 000	200 000	200 000	200 000	200 000
Current Tax For Period					357 116	333 896	239 966	22 103
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws					-1 955	2 366	8 377
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences					18 569	1 092	-5 134	7 459
Depreciation Expense Property Plant Equipment					16 984	21 742	33 580	44 724
Dividends Paid					85 174	188 986	119 312	91 200
Dividends Paid On Shares				159 527
Dividends Paid On Shares Interim					85 174	188 986	119 312	91 200
Fixed Assets	502 758	7 714	34 466	204 989	198 164	210 026	207 373	408 732
Further Item Creditors Component Total Creditors			200 000	200 000	200 000	200 000	200 000	200 000
Further Item Deferred Expense Credit Component Total Deferred Tax Expense							8 075
Further Item Interest Expense Component Total Interest Expense					771
Further Item Tax Increase Decrease Component Adjusting Items					-1 955	2 368	8 377	4 771
Future Minimum Lease Payments Under Non-cancellable Operating Leases			32 066	95 269	81 173	101 444	217 509	155 788
Gain Loss From Fair Value Adjustment Investment Property Recognised In Profit Or Loss								139 183
Gain Loss On Disposals Property Plant Equipment						-380	-53	-113
Government Grant Income						59 017	2 505
Gross Profit Loss					2 656 345	2 957 586	3 072 024	1 011 977
Impairment Loss Reversal On Investments								-139 183
Increase Decrease In Current Tax From Adjustment For Prior Periods					-53	-1 961	-68 129	-56 428
Increase From Amortisation Charge For Year Intangible Assets					38 731	40 122	48 859	51 469
Increase From Depreciation Charge For Year Property Plant Equipment			6 844	16 804	16 984	21 742	33 580	44 724
Intangible Assets				159 527	154 925	142 613	129 634	78 165
Intangible Assets Gross Cost				159 527	193 656	221 466	257 346
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings					15
Interest Expense On Redeemable Preference Shares Classified As Debt					10 000	10 000	10 000	10 000
Interest Income On Bank Deposits						8 772	13 472	4 622
Interest Payable Similar Charges Finance Costs					28 144	22 723	16 225	13 579
Investment Property								186 000
Investment Property Fair Value Model								186 000
Investments Fixed Assets	1	1	1	1	1
Investments In Subsidiaries					1
Net Current Assets Liabilities	-286 326	962 416	1 247 271	1 228 460	2 706 791	3 925 472	5 266 708	4 478 751
Number Shares Issued Fully Paid			200	200	200	200	200	200
Operating Profit Loss					1 939 408	1 765 415	1 624 410	-659 949
Other Creditors		200 000	200 000	188 514	192 706	118 850	101 918	94 680
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment			259		2 428	2 471	106	5 581
Other Disposals Property Plant Equipment			418		2 428	3 225	158	5 694
Other Interest Expense					17 358	12 723	6 225	3 579
Other Interest Receivable Similar Income Finance Income					2 479	8 772	13 472	4 622
Other Operating Income Format1						59 017	2 505
Other Taxation Social Security Payable		116 136	12 714	14 503	71 972	89 453	106 762	74 068
Par Value Share	1		100	100	100	100	100	100
Payments To Related Parties						300 000
Pension Other Post-employment Benefit Costs Other Pension Costs					36 606	342 222	67 778	78 673
Prepayments Accrued Income			16 391	47 604	274 411	184 285	87 917	964 550
Profit Loss					1 540 066	1 416 071	1 818 292	-502 857
Profit Loss On Ordinary Activities Before Tax					1 913 743	1 751 464	1 621 657	-529 723
Property Plant Equipment Gross Cost		13 673	47 010	74 810	87 143	130 589	174 389	280 360
Provisions For Liabilities Balance Sheet Subtotal		1 013	5 673	3 513	20 127	23 585
Social Security Costs					90 178	126 805	205 491	214 994
Staff Costs Employee Benefits Expense					936 888	1 798 055	2 379 807	2 504 519
Taxation Including Deferred Taxation Balance Sheet Subtotal						23 585	34 903	42 362
Tax Decrease Increase From Effect Revenue Exempt From Taxation					4 864
Tax Expense Credit Applicable Tax Rate					363 611	332 778	308 115	-100 647
Tax Increase Decrease Arising From Group Relief Tax Reconciliation							-51 276	63 851
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit					-6 472		-25 591
Tax Increase Decrease From Effect Capital Allowances Depreciation					20 248	-71	-461	-2 009
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss					3 162	2 279	4 045	2 702
Tax Tax Credit On Profit Or Loss On Ordinary Activities					373 677	335 393	175 080	-26 866
Total Assets Less Current Liabilities	216 432	970 130	1 281 737	1 433 449	2 904 955	4 135 498	5 845 796	4 887 483
Total Current Tax Expense Credit					357 063	331 935	250 954	-34 325
Total Deferred Tax Expense Credit					16 614	3 458	11 318	7 459
Total Operating Lease Payments					54 446	57 390	59 913	61 721
Trade Creditors Trade Payables		1 057 444	310 891	653 941	1 548 523	1 823 977	1 785 998	2 479 393
Trade Debtors Trade Receivables		1 501 855	962 712	1 071 256	148 050	250 026	416 047	457 694
Transfers To From Inventories Investment Property Fair Value Model								-186 000
Turnover Revenue					16 996 055	21 231 593	25 727 822	23 691 692
Wages Salaries					810 104	1 329 028	2 106 538	2 210 852
Work In Progress					511 817	46 817	46 817
Creditors Due Within One Year	1 596 890
Deferred Tax Liability	550
Company Contributions To Defined Benefit Plans Directors					834	150 797	825	900
Director Remuneration					19 683	33 359	37 337	28 337
Director Remuneration Benefits Including Payments To Third Parties					20 517	184 156	38 162	29 237
Net Assets Liability Excluding Pension Asset Liability	215 882
Number Shares Allotted	2
Percentage Subsidiary Held	100
Revaluation Reserve	180 000
Share Capital Allotted Called Up Paid	2
Tangible Fixed Assets Additions	6 715
Tangible Fixed Assets Cost Or Valuation	4 577
Tangible Fixed Assets Depreciation	1 820
Tangible Fixed Assets Depreciation Charged In Period	1 820
Tangible Fixed Assets Disposals	2 138
Tangible Fixed Assets Increase Decrease From Revaluations	180 000

Company staff

Robert W.

Role: Director

Appointed: 23 July 2013

Latest update: 5 March 2024

Michael W.

Role: Director

Appointed: 23 July 2013

Latest update: 5 March 2024

People with significant control

Watson Construction (Holdings) Ltd

Address: Spark Studio 208-210 Great Clowes Street, Salford, M7 2ZS, England

Legal authority Companies Act 2006

Legal form Private Company Limited By Shares

Country registered England And Wales

Place registered England And Wales

Registration number 12650411

Notified on 22 June 2020

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Robert W.

Notified on 6 April 2016

Ceased on 22 June 2020

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Michael W.

Notified on 6 April 2016

Ceased on 22 June 2020

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Richard W.

Notified on 6 April 2016

Ceased on 2 July 2018

Nature of control:

1/2 or less of shares

Accounts Documents

Account next due date	30 September 2024
Account last made up date	31 December 2022
Confirmation statement next due date	03 August 2024
Confirmation statement last made up date	20 July 2023

Annual Accounts
Start Date For Period Covered By Report	2013-07-23
End Date For Period Covered By Report	2014-12-31
Annual Accounts
Start Date For Period Covered By Report	2017-01-01
End Date For Period Covered By Report	31 December 2017
Annual Accounts
Start Date For Period Covered By Report	2018-01-01
End Date For Period Covered By Report	31 December 2018
Annual Accounts
Start Date For Period Covered By Report	2019-01-01
End Date For Period Covered By Report	31 December 2019
Annual Accounts
Start Date For Period Covered By Report	2020-01-01
End Date For Period Covered By Report	31 December 2020
Annual Accounts
Start Date For Period Covered By Report	2021-01-01
End Date For Period Covered By Report	31 December 2021
Annual Accounts
Start Date For Period Covered By Report	2022-01-01
End Date For Period Covered By Report	2022-12-31

Watson Construction Ltd

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Robert W.

Michael W.

People with significant control

Watson Construction (Holdings) Ltd

Robert W.

Michael W.

Richard W.

Accounts Documents

Company filings

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