The Watch Group Limited
03707555
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 04/02/1999
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 60
Also on 3 other boards
Persons with Significant Control
Mr Michael Pearson
British · United Kingdom · Age 60
10a, Park View Industrial Estate, Hartlepool, TS25 1PE
Notified 06/04/2016
Former PSCs
Mr Simon Hawksby
Ceased 11/03/2018
CompanyRankvs 2834+ SIC 68100 peers83
Show leaderboard
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 31/12/2024
Net Worth
£69k
Balance sheet strength
Cash
£11k
Cash in the bank
Net Current Assets
£86k
Working capital
Current Assets
£104k
Current Liabilities
£18k
Fixed Assets
£2k
Debtors
£94k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 5.72 | +£19k |
| 2023 | 2.79 | +£39k |
| 2021 | 1.93 | +£32k |
| 2020 | 1.25 | +£7k |
| 2019 | 0.31 | -£7k |
| 2018 | 0.42 | — |
Derived from filed accounts. Not audited figures.