DAVID WATSON TRANSPORT LIMITED
Get an alert when DAVID WATSON TRANSPORT LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Next accounts due
2026-08-31 (in 3mo)
Last filed for 2024-11-30
Confirmation statement due
2026-12-26 (in 7mo)
Last made up 2025-12-12
Watchouts
None on the register
Cash
£1M
-55.1% vs 2021
Net assets
£8M
+17.1% highest in 4 filed years
Employees
170
+4.3% highest in 4 filed years
Profit before tax
£1M
+1.5% highest in 4 filed years
Net assets
7-year trend · vs Industrials median
Accounts
7-year trend · latest reflected 2022-11-30
Latest accounts filed cover 2024-11-30; financial figures currently reflect up to 2022-11-30.
| Metric | Trend | 2018-12-01 | 2019-11-30 | 2019-12-01 | 2020-11-30 | 2020-12-01 | 2021-11-30 | 2022-11-30 |
|---|---|---|---|---|---|---|---|---|
| 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 | — | 168 | — | 168 | — | 163 | 170 | |
| Wages | — | £6,115,334 | — | £6,002,352 | — | £6,331,840 | £7,239,440 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2018-12-01 | 2019-11-30 | 2019-12-01 | 2020-11-30 | 2020-12-01 | 2021-11-30 | 2022-11-30 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | 6.5% | — | 4.0% | — | 8.4% | 7.3% | |
| Net margin | — | 4.6% | — | 2.0% | — | 4.8% | 6.0% | |
| Return on capital employed | — | 13.2% | — | 5.4% | — | 12.6% | 10.2% | |
| Interest cover | — | 7.45x | — | 4.40x | — | 11.85x | 9.74x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- 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
- “During the year, the directors maintained their strategy of investment in the Company's fleet by acquiring 6 new trucks.”
- “On 28 March 2024 our auditor, SB Audit LLP, merged with Sumer Auditco Limited. Accordingly SB Audit LLP formally resigned as the Company's auditor with the Directors duly appointing Sumer Auditco Limited to fill the vacancy arising.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. 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 |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2021 → FY2022 · period ending 2022-11-30 vs 2021-11-30
-
Turnover
+18.1%
£18,641,075 £22,014,711
highest in 4 filed years
-
Cash
-55.1%
£3,263,297 £1,463,837
-
Net assets
+17.1%
£7,133,626 £8,353,523
highest in 4 filed years
-
Employees
+4.3%
163 170
highest in 4 filed years
-
Operating profit
+3.5%
£1,559,910 £1,614,513
highest in 4 filed years
-
Profit before tax
+1.5%
£1,428,535 £1,449,852
highest in 4 filed years
-
Wages
+14.3%
£6,331,840 £7,239,440
highest in 4 filed years
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers