Watchbasic Limited
02623940
Some Concerns
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Cambell Norris Batcoe
British · England · Age 50
13, Allotment Road, Ventnor, PO38 2DT
Notified 25/06/2020
Former PSCs
Ms Faye Norris
Ceased 25/06/2020
Charges2 outstanding
LLOYDS TSB BANK PLC
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 6897+ SIC 47190 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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2025
Net Worth
£215k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£86k
Working capital
Current Assets
£8k
Current Liabilities
£93k
Fixed Assets
£301k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.08 | +£9k |
| 2024 | 0.01 | +£4k |
| 2023 | 0.01 | — |
| 2022 | 0.45 | — |
Derived from filed accounts. Not audited figures.