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Watch Gems Limited

01978897

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

TOP FLOOR, PORTSMOUTH, PO1 1HH
Incorporated 17/01/1986

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32120
Manufacture of jewellery and related articles
46499
46499

Officers

Mr Dean Vedal Millard

director · Since 01/11/2001

JEWELLER

BRITISH · UNITED KINGDOM · Age 54

Also on 2 other boards

Jane Doyle

secretary · Since 03/02/2004

BRITISH · Age 57

Also on 1 other board

Persons with Significant Control

Rock&G Limited

ownership-of-shares-75-to-100-percent-as-firm
voting-rights-75-to-100-percent-as-firm

36 Branston Street, Hockley, Birmingham, B18 6BP

Reg: 12453133 · England & Wales · Limited

Notified 10/12/2020

Former PSCs

Cleardale Limited

Ceased 10/12/2020

Charges1 outstanding

charge
satisfied

CAVENCHASE LIMITED

Created 27/01/2001Registered 30/01/2001Satisfied 27/03/2008
charge
outstanding

CLEARDALE LIMITED

Created 10/01/1997Registered 14/01/1997
charge
satisfied

BARCLAYS BANK (SWITZERLAND) LIMITED

Created 13/11/1990Registered 15/11/1990Satisfied 27/03/2008
charge
satisfied

YORKLEY LIMITED

Created 06/09/1990Registered 13/09/1990Satisfied 27/03/2008
charge
satisfied

LLOYDS BANK PLC

Created 10/08/1986Registered 28/08/1986Satisfied 27/03/2008
charge
satisfied

LLOYDS BANK PLC

Created 30/06/1986Registered 21/07/1986Satisfied 27/03/2008

CompanyRankvs 515+ SIC 32120 peers
61

Financial strength86th percentile among SIC peers · 22/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.6× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength22/25 pts

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

Employees3/15 pts

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

Liquidity16/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/01/2025

Net Worth

£64k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

£68k

Working capital

Current Assets

£182k

Current Liabilities

£114k

Debtors

£180k

0avg. employees-1
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.60+£56k
20241.43+£48k
20230.73
20221.31
20213.43
20201.13
20190.17

Derived from filed accounts. Not audited figures.