Watchheath Limited
01252460
Some Concerns
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 14/08/1991
FARMER
BRITISH · UNITED KINGDOM · Age 82
Also on 1 other board
Persons with Significant Control
Mrs Eunice Poole
British · England · Age 82
2/4 Ash Lane, Rustington, Littlehampton, BN16 3BZ
Notified 14/08/2016
CompanyRankvs 583+ SIC 01450 peers41
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2025
Net Worth
-£5k
Balance sheet strength
Cash
£11k
Cash in the bank
Net Current Assets
-£6k
Working capital
Current Assets
—
Current Liabilities
£17k
Fixed Assets
£930
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | — | -£3k |
| 2022 | 1.22 | +£2k |
| 2021 | 1.09 | +£490 |
| 2020 | 1.04 | -£675 |
| 2019 | 1.05 | +£5k |
| 2017 | 0.93 | — |
Derived from filed accounts. Not audited figures.