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Watson Trading Co. (London) Limited

01520240

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

1 FRITH STREET, LONDON, W1D 3HZ
Incorporated 03/10/1980

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 28/01/2026

Due 11/02/2027

On track

Industry

47730
Dispensing chemist in specialised stores

Officers

Mr Chee Kin Yeung

director · Since 24/05/1992

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 84

Also on 7 other boards

Mr Chee Kin Yeung

secretary · Since 01/10/1996

BRITISH · ENGLAND · Age 84

Also on 7 other boards

Persons with Significant Control

Mr Chee Kin Yeung

75–100% shares

British · England · Age 84

1, Frith Street, London, W1D 3HZ

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

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CompanyRankvs 4070+ SIC 47730 peers
30

Financial strength1th percentile among SIC peers · 0/25
Employees56th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.49× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees8/15 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

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

been consistently applied within the same accounts. Basis of preparation The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets. Going concern The financial statements have been prepared on a going concern basis. Despite the reported loss of £47,102 for the year, the director remains confident in its ability to continue operati

Key FinancialsYear ending 31/03/2025

Net Worth

-£279k

Balance sheet strength

Cash

£14k

Cash in the bank

Net Current Assets

-£193k

Working capital

Current Assets

£186k

Current Liabilities

£378k

Fixed Assets

£3k

Debtors

£47k

4avg. employees-1

Balance Sheet

Intangible assets£1
Bank loans & overdrafts£34k
Assets less current liabilities-£190k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20250.49-£47k
20240.58-£68k
20230.77-£69k
20221.15-£3k
20211.32-£25k
20201.49

Derived from filed accounts. Not audited figures.