Watch It Come Down Limited
00569618
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 17/01/1991
DEMOLITION CONTRACTOR
BRITISH · ENGLAND · Age 84
Also on 2 other boards
director · Since 04/04/1996
ESTIMATING MANAGER
BRITISH · ENGLAND · Age 66
Also on 7 other boards
director · Since 04/04/1996
CONTRACTS MANAGER
BRITISH · ENGLAND · Age 70
Also on 2 other boards
director · Since 04/04/1996
MANAGER
BRITISH · ENGLAND · Age 60
Also on 1 other board
Persons with Significant Control
Mr Terence Malcolm Bishop
British · England · Age 84
Waldens Depot, Orpington, BR5 4EU
Notified 06/04/2016
Charges3 outstanding
CLOSE BROTHERS LIMITED (THE “SECURITY TRUSTEE�)
TOGETHER COMMERCIAL FINANCE LIMITED
TOGETHER COMMERCIAL FINANCE LIMITED
SHAWBROOK BANK LIMITED
AIB GROUP (UK) P.L.C.
AIB GROUP (UK)P.L.C.
MIDLAND BANK LTD
CompanyRankvs 829+ SIC 77320 peers48
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
approved, all scheduled payments under a Time-To-Pay arrangement have been made to date. The current position represents a material uncertainty over the Group’s ability to continue to trade as a going concern. However, the Directors are very confident that significant value will be realised from the disposal of certain property assets, and longer term financing will subsequently be obtained.
Key FinancialsYear ending 31/03/2025
Net Worth
£3.6M
Balance sheet strength
Cash
£547
Cash in the bank
Net Current Assets
-£2.1M
Working capital
Current Assets
£1.9M
Current Liabilities
£4.1M
Fixed Assets
£6.5M
Debtors
£1.9M
Profit After Tax
-£209k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.48 | -£134k |
| 2024 | 0.51 | +£3.7M |
| 2022 | 0.55 | — |
Derived from filed accounts. Not audited figures.