Cash

£1M

-55.1% vs 2021

Net assets

£8M

+17.1% vs 2021

Employees

170

+4.3% vs 2021

Profit before tax

£1M

+1.5% vs 2021

Profile

Company number
06748238
Status
Active
Incorporation
2008-11-13
Last accounts made up
2024-11-30
Account category
FULL
Primary SIC
49410
Hubs
UK Logistics & Mobility

Net assets

7-year trend · vs UK Logistics & Mobility median

£0£5m£10m2018201920192020202020212022
DAVID WATSON TRANSPORT LIMITED

Accounts

7-year trend · latest 2022-11-30

Metric Trend 2018-12-012019-11-302019-12-012020-11-302020-12-012021-11-302022-11-30
Turnover £17,137,308£14,862,775£18,641,075£22,014,711
Operating profit £1,119,788£598,343£1,559,910£1,614,513
Profit before tax £969,477£463,122£1,428,535£1,449,852
Net profit £794,405£295,660£895,846£1,319,897
Cash £106,139£124,105£124,105£1,652,712£3,263,297£1,463,837
Total assets less current liabilities £8,473,547£10,998,952£12,344,093£15,833,958
Net assets £6,142,120£6,337,780£7,133,626£8,353,523
Equity £5,447,715£6,142,120£6,142,120£6,337,780£6,337,780£7,133,626£8,353,523
Average employees 168168163170
Wages £6,115,334£6,002,352£6,331,840£7,239,440

Values shown as filed in iXBRL accounts. indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers

Audit & accounting basis

From AI-extracted PDF accounts

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
Sumer Auditco Limited
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. The directors therefore have a reasonable expectation that the Company will continue in operational existence for the foreseeable future. Accordingly the financial statements are drawn up on a going concern basis.”

Significant events

Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers

People

5 active · 5 resigned

Name Role Appointed Born Nationality
WHITWOOD, David John Secretary 2022-12-01
PITT, Paul Director 2022-12-01 Nov 1974 British
SEARS, Dean Director 2023-01-03 Mar 1965 British
WATSON, Mark David Director 2008-12-09 Jun 1979 British
WHITWOOD, David John Director 2022-12-01 Jul 1969 British
Show 5 resigned officers
Name Role Appointed Resigned
WATSON, Jayne Secretary 2017-02-17 2022-12-01
BUGG, David William Director 2022-12-01 2025-12-31
COOPER, Russell John Director 2008-12-09 2022-12-01
FRAZER-BROWN, Stephen Charles Director 2008-12-09 2025-02-28
WATSON, David Cresswell Director 2008-11-13 2022-12-01

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Dwt Holdings Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2022-12-01 Active
Mr David Cresswell Watson Individual Shares 50–75%, Voting 50–75%, Appoints directors 2016-04-14 Ceased 2022-12-01
Jayne Watson Individual Shares 25–50%, Voting 25–50% 2016-04-14 Ceased 2022-12-01

Filing timeline

Last 20 of 92 total filings

Date Type Category Description
2026-01-14 TM01 officers termination director company with name termination date
2026-01-12 CS01 confirmation-statement confirmation statement with updates
2026-01-12 CH01 officers change person director company with change date
2025-11-29 MR04 mortgage mortgage satisfy charge full
2025-11-27 MR01 mortgage mortgage create with deed with charge number charge creation date
2025-04-25 AA accounts accounts with accounts type full
2025-03-26 TM01 officers termination director company with name termination date
2024-12-12 CS01 confirmation-statement confirmation statement with no updates
2024-04-15 AA accounts accounts with accounts type full
2023-12-20 CS01 confirmation-statement confirmation statement with updates
2023-09-04 MR04 mortgage mortgage satisfy charge full
2023-06-08 MR01 mortgage mortgage create with deed with charge number charge creation date
2023-06-07 AA accounts accounts with accounts type full
2023-05-05 MR01 mortgage mortgage create with deed with charge number charge creation date
2023-05-04 MR04 mortgage mortgage satisfy charge full
2023-02-17 AP01 officers appoint person director company with name date
2022-12-12 CS01 confirmation-statement confirmation statement with updates
2022-12-12 PSC02 persons-with-significant-control notification of a person with significant control
2022-12-12 PSC07 persons-with-significant-control cessation of a person with significant control
2022-12-12 PSC07 persons-with-significant-control cessation of a person with significant control

Credit score

Altman Z″ (private-firm) · reference 2022-11-30

2.56

GREY ZONE

Altman Z″

  • Working capital / Total assets 0.210 × 6.56 = +1.37
  • Retained earnings / Total assets 0.000 × 3.26 = +0.00
  • EBIT / Total assets 0.076 × 6.72 = +0.51
  • Book equity / Total liabilities 0.641 × 1.05 = +0.67

Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.

Activity Score

Composite activity score · components 0–100 · reference 2026-05-10

33.8

COLD

/ 100

  • Filings velocity 42
  • Capital events 0
  • Officer churn 25
  • Headcount trajectory 54
  • Accounts trajectory 68
  • 5 filing(s) in last 12 months
  • 0 appointed, 1 resigned (12mo)
  • Employees +4% YoY
  • Turnover +18% YoY

Official Companies House page