Rotary Watches Limited
04109554
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2023
small
Next accounts due
30/09/2025
Confirmation statement
Last: 30/06/2025
Due 14/07/2026
Industry
Officers
director · Since 11/04/2014
VICE PRESIDENT OF CHINA HAIDIAN HOLDINGS
INDONESIAN · HONG KONG · Age 44
Also on 5 other boards
director · Since 14/04/2014
CHIEF FINANCIAL OFFICER (OVERSEAS)
CHINESE · CHINA · Age 44
Also on 5 other boards
Persons with Significant Control
The Dreyfuss Group Limited
2, Foubert's Place, London, W1F 7PA
Reg: 548935 · England & Wales · Limited Company
Notified 06/04/2016
Charges0 outstanding
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CompanyRankvs 62+ SIC 26520 peers37
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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
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
in accordance with United Kingdom Generally Accepted Accounting Practice; and have been prepared in accordance with the requirements of the Companies Act 2006. Material uncertainty related to going concern We draw attention to Note 2 .2 in the financial statements, which indicates that at the year ended 31 December 2023 the company’s total liabilities significantly exceeded its total asset
Key FinancialsYear ending 31/12/2023
Net Worth
-£13.9M
Balance sheet strength
Cash
£595k
Cash in the bank
Net Current Assets
-£14.0M
Working capital
Current Assets
£13.9M
Current Liabilities
£28.0M
Fixed Assets
£450k
Debtors
£11.0M
Profit After Tax
-£1.2M
People Costs(2020)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2023 | 0.50 | +£18k |
| 2022 | 0.52 | -£1.2M |
| 2021 | 0.54 | -£1.2M |
| 2020 | 0.58 | +£86k |
| 2019 | 0.60 | — |
Derived from filed accounts. Not audited figures.