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Watson Leisure Limited

04528501

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

1 FIRST STREET, GATESHEAD, NE8 2US
Incorporated 06/09/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56302
Public houses and bars

Officers

Sharon Watson

secretary · Since 06/09/2002

BRITISH · Age 55

Mr Stuart Watson

director · Since 06/09/2002

PUBLICAN

BRITISH · UNITED KINGDOM · Age 65

Also on 3 other boards

Persons with Significant Control

Mr Stuart Watson

50–75% shares

British · United Kingdom · Age 65

1, First Street, Gateshead, NE8 2US

Notified 06/09/2016

Mrs Sharon Watson

50–75% shares

British · United Kingdom · Age 55

1, First Street, Gateshead, NE8 2US

Notified 06/09/2016

Charges3 outstanding

charge
outstanding

SCOTTISH COURAGE LIMITED

Created 23/12/2004Registered 30/12/2004
charge
outstanding

SCOTTISH COURAGE LIMITED

Created 23/12/2004Registered 30/12/2004
charge
outstanding

SCOTTISH COURAGE LIMITED

Created 23/12/2004Registered 30/12/2004

CompanyRankvs 8940+ SIC 56302 peers
41

Financial strength55th percentile among SIC peers · 14/25
Employees34th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.29× · 2/20
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 strength14/25 pts

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

Employees5/15 pts

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

Liquidity2/20 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 30/09/2024

Net Worth

£2k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£38k

Working capital

Current Assets

£16k

Current Liabilities

£54k

Fixed Assets

£40k

2avg. employees

Balance Sheet

Assets less current liabilities£2k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.29-£247
20230.29-£397
20220.30-£75
20210.30-£75
20200.30-£75
20190.30-£150
20180.30

Derived from filed accounts. Not audited figures.