Watson Gym Equipment Ltd
06132239
Healthy
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/01/2012
ENGINEER
BRITISH · UNITED KINGDOM · Age 56
Also on 2 other boards
Persons with Significant Control
Watson Gym Holdings Limited
V1 Imperial Way, Imperial Way, Frome, BA11 2FD
Reg: 10195499 · Uk Companies Registry · Limited Company
Notified 01/03/2017
Former PSCs
Mr Simon Watson
Ceased 01/03/2017
Charges2 outstanding
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CompanyRankvs 299+ SIC 28990 peers65
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the entity's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going conce
Key FinancialsYear ending 30/06/2025
Turnover
£13.2M
Annual revenue
Net Worth
£4.7M
Balance sheet strength
Cash
£1.7M
Cash in the bank
Profit Before Tax
£1.2M
Bottom line earnings
Net Current Assets
£2.9M
Working capital
Current Assets
£7.6M
Current Liabilities
£4.7M
Fixed Assets
£2.6M
Debtors
£4.6M
Cost of Sales
£8.5M
Gross Profit
£4.7M
Admin Expenses
£3.4M
Operating Profit
£1.4M
Profit After Tax
£1.0M
Tax at Year End
Director Loans(2024)
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.61 | +£0 |
| 2025 | 1.61 | +£514k |
| 2024 | 1.47 | +£928k |
| 2023 | 1.45 | +£232k |
| 2022 | 1.48 | +£692k |
| 2021 | 1.42 | — |
Derived from filed accounts. Not audited figures.