Back to search

Watch It Come Down Limited

00569618

active
Private Limited Company
Companies House
Health Score
64 / 100

Some Concerns

30/30
Filing
0/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

WALDENS DEPOT, ORPINGTON, BR5 4EU
Incorporated 30/07/1956

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

77320
Renting and leasing of construction and civil engineering machinery and equipment

Officers

Terrence Malcolm Bishop

director · Since 17/01/1991

DEMOLITION CONTRACTOR

BRITISH · ENGLAND · Age 84

Also on 2 other boards

Mr Stephen Edward Bishop

director · Since 04/04/1996

ESTIMATING MANAGER

BRITISH · ENGLAND · Age 66

Also on 7 other boards

Mr Sydney Michael Bishop

director · Since 04/04/1996

CONTRACTS MANAGER

BRITISH · ENGLAND · Age 70

Also on 2 other boards

Thomas James Bishop

director · Since 04/04/1996

MANAGER

BRITISH · ENGLAND · Age 60

Also on 1 other board

Persons with Significant Control

Mr Terence Malcolm Bishop

25–50% shares
25–50% votes

British · England · Age 84

Waldens Depot, Orpington, BR5 4EU

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

CLOSE BROTHERS LIMITED (THE “SECURITY TRUSTEE�)

Created 16/02/2024Registered 19/02/2024
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 14/11/2023Registered 15/11/2023
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 14/11/2023Registered 15/11/2023
Charge
satisfied

SHAWBROOK BANK LIMITED

Created 05/02/2021Registered 11/02/2021Satisfied 15/11/2023
charge
satisfied

AIB GROUP (UK) P.L.C.

Created 08/01/2001Registered 23/01/2001Satisfied 11/02/2022
charge
satisfied

AIB GROUP (UK)P.L.C.

Created 05/01/2001Registered 06/01/2001Satisfied 11/02/2022
charge
satisfied

MIDLAND BANK LTD

Created 08/07/1970Registered 22/07/1971Satisfied 10/12/2020

CompanyRankvs 829+ SIC 77320 peers
48

Financial strength95th percentile among SIC peers · 24/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.48× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

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

4avg. employees

Balance Sheet

Assets less current liabilities£4.3M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20250.48-£134k
20240.51+£3.7M
20220.55

Derived from filed accounts. Not audited figures.