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City Watches Limited

05385052

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

1ST FLOOR, LONDON, E1 8DZ
Incorporated 08/03/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Lee David Compton

director · Since 01/05/2006

DIRECTOR

BRITISH · ENGLAND · Age 65

Mr Duncan Mcarthur

secretary · Since 22/03/2022

Mr Steven James Moran

director · Since 22/03/2022

DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 3 other boards

Persons with Significant Control

Mr Lee David Compton

75–100% shares

British · England · Age 65

1st Floor, 25 Camperdown Street, London, E1 8DZ

Notified 06/04/2016

Mr Steven James Moran

25–50% shares

British · England · Age 44

1st Floor, 25 Camperdown Street, London, E1 8DZ

Notified 22/03/2022

CompanyRankvs 89214+ SIC 82990 peers
37

Financial strength27th percentile among SIC peers · 7/25
Employees69th percentile among SIC peers · 10/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength7/25 pts

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

Employees10/15 pts

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

Liquidity0/20 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

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

Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements. The company's ability to continue for the foreseeable future is dependent upon the support of Phoenix ME Limited. There is no indication tha

Key FinancialsYear ending 30/09/2025

Net Worth

£2

Balance sheet strength

Cash

£69k

Cash in the bank

Net Current Assets

-£75k

Working capital

Current Assets

—

Current Liabilities

£144k

2avg. employees+2

Balance Sheet

Assets less current liabilities-£718
Prepared with CCH Software