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Watch-It Security Services Ltd

06376278

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

JESSOP WAY, NEWARK INDUSTRIAL, NOTTINGHAMSHIRE, NG24 2ER
Incorporated 19/09/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

80100
Private security activities

Officers

Ronald Jacob De Raad

director · Since 19/09/2007

NONE

BRITISH · ENGLAND · Age 60

Also on 1 other board

Mr Jason Mills

secretary · Since 28/04/2025

Also on 1 other board

Mr Jason Mills

director · Since 12/05/2025

DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 1 other board

Persons with Significant Control

Mr Ronald Jacob De Raad

50–75% shares

British · England · Age 60

Jessop Way, Newark Industrial, Nottinghamshire, NG24 2ER

Notified 06/04/2016

Mr Jason Mills

25–50% shares

British · England · Age 43

Jessop Way, Newark Industrial, Nottinghamshire, NG24 2ER

Notified 17/10/2025

Former PSCs

Mr George Walker

Ceased 13/11/2024

Charges0 outstanding

charge
satisfied

CLYDESDALE BANK PLC

Created 27/01/2010Registered 29/01/2010

CompanyRankvs 4979+ SIC 80100 peers
47

Financial strength4th percentile among SIC peers · 1/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.32× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees14/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/10/2024

Net Worth

-£35k

Balance sheet strength

Cash

£34k

Cash in the bank

Net Current Assets

-£147k

Working capital

Current Assets

£68k

Current Liabilities

£215k

Fixed Assets

£115k

Debtors

£34k

32avg. employees+1

Tax at Year End

VAT£42k

Director Loans

Company owes directors£82k

Balance Sheet

Intangible assets£96k
Assets less current liabilities-£32k
Signed by Mr Jason Mills 24 July 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.32-£291k£836k
20231.57-£20k£1.2M
20221.48-£99k£1.1M
20211.98+£9k£1.1M
20202.09-£34k£1.3M
20192.42+£2k£669k
20181.94£905k

Derived from filed accounts. Not audited figures.