Watson Executive Travel Ltd
04152051
Notable Risks
- Negative net worth (-10)
- Active insolvency proceedings (-20)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 01/05/2025
Due 15/05/2026
Industry
Officers
Persons with Significant Control
Mr Gavin Watson
British · United Kingdom · Age 55
2, Harvey Road, Farnborough, GU14 9TW
Notified 01/01/2017
Charges1 outstanding
CLOSE INVOICE FINANCE LIMITED
Insolvency History1 case
Shane Biddlecombe (practitioner) · Matthew James Hoy (practitioner)
CompanyRankvs 5589+ SIC 49320 peers27
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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
Insolvency history: -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
-£285k
Balance sheet strength
Cash
£14k
Cash in the bank
Net Current Assets
-£164k
Working capital
Current Assets
£69k
Current Liabilities
£233k
Fixed Assets
£13k
Debtors
£55k
Director Loans(2024)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.30 | +£0 |
| 2025 | 0.30 | -£62k |
| 2024 | 0.36 | +£5k |
| 2023 | 0.32 | — |
Derived from filed accounts. Not audited figures.