Richard Watson Financial Services Ltd

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richard watson financial services ltd Company Information

Company Number

08070527

Next Accounts

Jan 2026

Directors

Richard Watson

Shareholders

richard watson

gillian watson

Group Structure

View All

Industry

Other activities auxiliary to insurance and pension funding

Registered Address

the camplings york road, strensall, york, north yorkshire, YO32 5UN

Website

richardmwatson.tpllp.com

richard watson financial services ltd Estimated Valuation

£316k

Pomanda estimates the enterprise value of RICHARD WATSON FINANCIAL SERVICES LTD at £316k based on Net Assets of £150.7k and 2.1x industry multiple (adjusted for liquidity).

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Richard Watson Financial Services Ltd is a live company located in york, YO32 5UN with a Companies House number of 08070527. It operates in the other activities auxiliary to insurance and pension funding sector, SIC Code 66290. Founded in May 2012, it's largest shareholder is richard watson with a 50% stake. Richard Watson Financial Services Ltd is a established, micro sized company, Pomanda has estimated its turnover at £324.5k with low growth in recent years.

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Pomanda's financial health check has awarded Richard Watson Financial Services Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs

Health Rating3out of 5

2 Strong

3 Regular

5 Weak

Size

annual sales of £324.5k, make it smaller than the average company (£1.5m)

Growth

3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (8.2%)

EXPORT

Richard Watson Financial Services Ltd's latest turnover from April 2024 is estimated at £324.5 thousand and the company has net assets of £150.7 thousand. According to their latest financial statements, Richard Watson Financial Services Ltd has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Apr 2024	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014	Apr 2013
Turnover	324,517	291,173	252,747	288,873	195,552	149,851	126,205	131,055	66,103	54,208	9,713	52,032
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	37,342	40,937	23,826	32,252	26,301	29,571	29,296	28,080	42,084	40,188	7,130	36,693
Gross Profit	287,175	250,236	228,921	256,621	169,250	120,280	96,910	102,975	24,018	14,019	2,583	15,339
Admin Expenses	249,768	227,725	212,312	205,372	156,104	100,436	96,668	73,722	29,745	23,375	11,144	-15,218
Operating Profit	37,407	22,511	16,609	51,249	13,146	19,844	242	29,253	-5,727	-9,356	-8,561	30,557
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	0	0	0	0	0	0	0	0	19	101	132	50
Pre-Tax Profit	37,407	22,511	16,609	51,249	13,146	19,844	242	29,253	-5,708	-9,255	-8,429	30,606
Tax	-9,352	-5,628	-3,156	-9,737	-2,498	-3,770	-46	-5,558	0	0	0	-7,039
Profit After Tax	28,055	16,883	13,453	41,512	10,648	16,074	196	23,695	-5,708	-9,255	-8,429	23,567
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	28,055	16,883	13,453	41,512	10,648	16,074	196	23,695	-5,708	-9,255	-8,429	23,567
Employee Costs	239,134	220,745	205,140	189,514	194,700	139,467	133,921	44,536	46,969	46,826	41,791	41,449
Number Of Employees	4	4	4	4	4	3	3	1	1	1	1	1
EBITDA*	37,407	22,511	16,609	51,249	13,146	19,844	242	29,253	-5,727	5,068	15,543	31,062

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Apr 2024	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014	Apr 2013
Tangible Assets	62,412	19,022	21,087	25,136	27,768	31,768	28,787	6,124	17,849	4,326	4,834	3,983
Intangible Assets	0	0	0	0	0	0	0	0	0	26,000	38,000	60,000
Investments & Other	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	62,412	19,022	21,087	25,136	27,768	31,768	28,787	6,124	17,849	30,326	42,834	63,983
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	0	0
Trade Debtors	150,468	124,117	107,885	151,426	55,592	42,161	22,506	59,841	33,298	0	273	0
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	19,843	6,707	6,199	3,510	0	0	0	0	0	0	0	0
Cash	0	0	0	0	0	0	0	0	0	7,430	32,827	19,966
misc current assets	0	0	0	0	0	3,892	4,000	515	615	30,000	0	0
total current assets	170,311	130,824	114,084	154,936	55,592	46,053	26,506	60,356	33,913	37,430	33,100	19,966
total assets	232,723	149,846	135,171	180,072	83,360	77,821	55,293	66,480	51,762	67,756	75,934	83,949
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	46,131	27,210	29,418	37,772	32,572	37,681	31,227	42,610	51,587	60,717	59,729	60,282
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	0	0	0	0	0	0	0	0	0	0	0	0
total current liabilities	46,131	27,210	29,418	37,772	32,572	37,681	31,227	42,610	51,587	60,717	59,729	60,282
loans	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	35,901	0	0	50,000	0	0	0	0	0	0	0	0
provisions	0	0	0	0	0	0	0	0	0	1,056	967	0
total long term liabilities	35,901	0	0	50,000	0	0	0	0	0	1,056	967	0
total liabilities	82,032	27,210	29,418	87,772	32,572	37,681	31,227	42,610	51,587	61,773	60,696	60,282
net assets	150,691	122,636	105,753	92,300	50,788	40,140	24,066	23,870	175	5,983	15,238	23,667
total shareholders funds	150,691	122,636	105,753	92,300	50,788	40,140	24,066	23,870	175	5,983	15,238	23,667

	Apr 2024	Apr 2023	Apr 2022	Apr 2021	Apr 2020	Apr 2019	Apr 2018	Apr 2017	Apr 2016	Apr 2015	Apr 2014	Apr 2013
Operating Activities
Operating Profit	37,407	22,511	16,609	51,249	13,146	19,844	242	29,253	-5,727	-9,356	-8,561	30,557
Depreciation	0	0	0	0	0	0	0	0	0	2,424	2,104	505
Amortisation	0	0	0	0	0	0	0	0	0	12,000	22,000	0
Tax	-9,352	-5,628	-3,156	-9,737	-2,498	-3,770	-46	-5,558	0	0	0	-7,039
Stock	0	0	0	0	0	0	0	0	0	0	0	0
Debtors	39,487	16,740	-40,852	99,344	13,431	19,655	-37,335	26,543	33,298	-273	273	0
Creditors	18,921	-2,208	-8,354	5,200	-5,109	6,454	-11,383	-8,977	-9,130	988	-553	60,282
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	-1,056	89	967	0
Cash flow from operations	7,489	-2,065	45,951	-52,632	-7,892	2,873	26,148	-11,825	-49,211	6,418	15,684	84,305
Investing Activities
capital expenditure	-43,390	2,065	4,049	2,632	4,000	-2,981	-22,663	11,725	12,477	-1,916	-2,955	-64,488
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-43,390	2,065	4,049	2,632	4,000	-2,981	-22,663	11,725	12,477	-1,916	-2,955	-64,488
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	0	0	0	0	0	0	0	0	0	0	0	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0
other long term liabilities	35,901	0	-50,000	50,000	0	0	0	0	0	0	0	0
share issue	0	0	0	0	0	0	0	0	-100	0	0	100
interest	0	0	0	0	0	0	0	0	19	101	132	50
cash flow from financing	35,901	0	-50,000	50,000	0	0	0	0	-81	101	132	150
cash and cash equivalents
cash	0	0	0	0	0	0	0	0	-7,430	-25,397	12,861	19,966
overdraft	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	0	0	0	0	0	0	0	0	-7,430	-25,397	12,861	19,966

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for richard watson financial services ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in YO32 area or any other competitors across 12 key performance metrics.

RICHARD WATSON FINANCIAL SERVICES LTD group structure

Richard Watson Financial Services Ltd has no subsidiary companies.

Ultimate parent company

RICHARD WATSON FINANCIAL SERVICES LTD

08070527

RICHARD WATSON FINANCIAL SERVICES LTD Shareholders

richard watson	50%
gillian watson	50%

Richard Watson Financial Services Ltd currently has 1 director, Mr Richard Watson serving since May 2012.

officer	country	age	start	end	role
Mr Richard Watson	England	46 years	May 2012	-	Director

P&L

April 2024

turnover

324.5k

+11%

operating profit

37.4k

gross margin

88.5%

+2.97%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

April 2024

net assets

150.7k

+0.23%

total assets

232.7k

+0.55%

cash

net assets

Total assets minus all liabilities

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company number

08070527

Type

Private limited with Share Capital

industry

66290 - Other activities auxiliary to insurance and pension funding

incorporation date

May 2012

ultimate parent company

None

previous names

N/A

address

the camplings york road, strensall, york, north yorkshire, YO32 5UN

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

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richard watson financial services ltd Company Information

richard watson financial services ltd Estimated Valuation

richard watson financial services ltd Estimated Valuation

richard watson financial services ltd Estimated Valuation

Richard Watson Financial Services Ltd Overview

Richard Watson Financial Services Ltd Health Check

RICHARD WATSON FINANCIAL SERVICES LTD financials

richard watson financial services ltd Credit Report and Business Information

Richard Watson Financial Services Ltd Competitor Analysis

richard watson financial services ltd Ownership

richard watson financial services ltd directors

richard watson financial services ltd company details

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