WATBUS

Company number 03620232 · Active

WATBUS is a pri/lbg/nsc (private, limited by guarantee, no share capital, use of 'limited' exemption) registered in ASHINGTON, United Kingdom, incorporated on 24 Aug 1998. Its registered activity is other passenger land transport. Its latest published accounts for the period ending 31 Dec 2020 show equity of £258k, total assets of £266k. It has filed 2 sets of accounts. Our model estimates a 0.03 % probability that it becomes insolvent within 12 months, 0.2 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.03 %
Low risk
Lowest riskHighest risk

Higher than 89 % of active companies in the United Kingdom. 0.2× the average annual insolvency rate (0.12 %).

Raises the risk

Days since last period end3.2×≥ 642 · 0.37 % became insolvent
Employees3.1×3–8 · 0.36 % became insolvent
Total assets (log)2.4×4.74546–5.45007 · 0.28 % became insolvent
Company age (years)2.3×≥ 22.502 · 0.27 % became insolvent
Accounts overdue2.1×1 · 0.24 % became insolvent
Cash ÷ assets2.0×0.187053–0.578498 · 0.24 % became insolvent

Lowers the risk

Equity ratio0.4×0.742974–1 · 0.05 % became insolvent
Accounts filed0.5×0–3 · 0.06 % became insolvent
Current ratio0.6×≥ 7.06234 · 0.07 % became insolvent
Current liabilities ÷ assets0.7×0.010552–0.186967 · 0.08 % became insolvent
Late filings0.8×0–1 · 0.09 % became insolvent
Legal form0.8×PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption) · 0.10 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
03620232 · official register
Status
Active
Legal form
PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)
Incorporated
24 Aug 1998 (28 years)
Registered address
NE63 8QZ ASHINGTON
Postcode area
Newcastle upon Tyne
Activity
49390 Other passenger land transport
Industry
Land transport
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
31 Dec 202015 Jun 2021– –£258k£266k £8,098£144k5
31 Dec 201915 May 2020– –£176k£188k £210£50k–

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

Similar companies in Newcastle upon Tyne

Questions about WATBUS

What is the company number of WATBUS?

WATBUS is registered under company number 03620232 in the official register of United Kingdom. View it at the official register.

Is WATBUS still active?

Yes. WATBUS is registered as active (status: Active).

Has WATBUS gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for WATBUS in the official data.

How likely is WATBUS to become insolvent?

Our model estimates a 0.03 % probability that WATBUS becomes insolvent within the next 12 months (low risk). That is higher than 89 % of active companies in the United Kingdom.

When was WATBUS founded?

WATBUS was incorporated on 24 Aug 1998.

Where is WATBUS registered?

WATBUS's registered address is in NE63 8QZ ASHINGTON (Newcastle upon Tyne), United Kingdom.

What do the latest accounts of WATBUS show?

The latest published accounts (period ending 31 Dec 2020) show equity of £258k, total assets of £266k, 5 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 8 Nov 2026.