WATTS COMMERCIAL FINANCE LIMITED - Profile & Financials

Accounts Submitted 7 Feb 2025

Confirmation Statement Submitted 13 Mar 2025

Net assets £571.65K £158.78K 2024 year on year

Total assets £2.10M £180.53K 2024 year on year

Total Liabilities £1.53M £21.74K 2024 year on year

Charges 3

3 satisfied

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Contact & Details

Contact

Update Details

Registered Address

6 Alvaston Business Park Middlewich Road Nantwich Cheshire CW5 6PF England

Office (Glasgow)

9 George Square, Glasgow G2 1DY

Telephone

0141 406 3020

advice@watts-commercial.co.uk

Website

watts-commercial.co.uk

Credit Report

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Mutual Companies

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Financials

Period 1 Jan → 31 Dec 2024

Type Total Exemption Full

Next accounts 31 December 2025

Due by 30 September 2026 9 months

Net Assets, Total Assets & Total Liabilities (2014–2024)

Cash in Bank

£1.50M

Decreased by £85.79k (-5%)

Net Assets

£571.65k

Decreased by £158.78k (-22%)

Total Liabilities

£1.53M

Decreased by £21.74k (-1%)

Turnover

N/A

Employees

Increased by 3 (+8%)

Debt Ratio

73%

Increased by 5 (+7%)

Financial History

Revenue, profit, EBITDA and key financial figures

	2024 Dec Year End	2023 Dec Year End
P&L
Revenue	£142.3M	£128.7M
Gross Profit	£48.2M	£43.1M
Operating Profit	£22.4M	£19.8M
Net Profit	£18.1M	£15.9M
EBITDA	£31.5M	£28.2M
Assets
Cash	£24.7M	£21.3M
Total Assets	£89.4M	£82.1M
Liabilities
Total Liabilities	£45.2M	£41.8M
Key Metrics
Employees	1,247	1,156

Latest Revenue

£142.3M

Latest EBITDA

£31.5M

Cash Position

£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Officers

3 active 7 resigned

Show resigned officers

						Status
Jeremy Paul Gibson	Director	British	England	52	23 Dec 2024	Active
Mayank Prakash	Director	British	England	53	21 Oct 2025	Active
Philip John Gray	Director	British	United Kingdom	54	3 Aug 2006	Active

Shareholders

Shareholders (4)


Pivotal Growth Limited	50.0%	50	Ordinary B	13 Mar 2025
Pivotal Growth Limited	50.0%	50	Ordinary A	13 Mar 2025
Philip John Gray	0.0%	0	Ordinary B	13 Mar 2025

Persons with Significant Control

Persons with Significant Control (1)

1 Active 2 Ceased

Pivotal Growth Limited

United Kingdom

Active

Notified 23 Dec 2024

Nature of Control

Ownership Of Shares 75 To 100 Percent
Voting Rights 75 To 100 Percent
Right To Appoint And Remove Directors

Andrew Michael Watts

Ceased 23 Dec 2024

Ceased

Philip John Gray

Ceased 23 Dec 2024

Ceased

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Group Structure

PIVOTAL GROWTH LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

MOTTRAM MIDCO LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

MOTTRAM TOPCO LIMITED united kingdom shares 25 to 50 percent, voting rights 25 to 50 percent

LSL PROPERTY SERVICES PLC united kingdom

WATTS COMMERCIAL FINANCE LIMITED Current Company

WATTS COMMERCIAL FINANCE SOUTHPORT LIMITED united kingdom shares 25 to 50 percent

WATTS & COX PARTNERSHIP LLP united kingdom voting rights 25 to 50 percent limited liability partnership

Charges

3 satisfied

Documents

Company Filings

Date	Category	Description	Document
22 Oct 2025	Officers	Appointment of Mr Mayank Prakash as director on 2025-10-21	View(2 pages)
22 Oct 2025	Officers	Termination of Simon David Embley as director on 2025-10-21	View(1 page)
28 Jul 2025	Officers	Change to director Mr Philip John Gray on 2025-07-28	View(2 pages)
13 Mar 2025	Confirmation Statement	Confirmation statement made on 2025-03-12 with updates	View(5 pages)
5 Mar 2025	Officers	Change to director Mr Philip John Gray on 2025-03-05	View(2 pages)