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Watchorn Financial Services Ltd

06502488

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

1 BUCKMINSTER YARD 1 BUCKMINSTER YARD, GRANTHAM, NG33 5SA
Incorporated 13/02/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64999
Other financial service activities

Officers

Louise Robinson

secretary · Since 13/02/2008

FINANCIAL CONSULTANT

BRITISH · Age 53

Mr Jonathan Richard Watchorn

director · Since 13/02/2008

FINANCIAL SERVICES

BRITISH · UNITED KINGDOM · Age 57

Persons with Significant Control

Mr Jonathan Richard Watchorn

75–100% shares

British · United Kingdom · Age 57

1, Buckminster Yard, Grantham, NG33 5SA

Notified 06/04/2016

CompanyRankvs 519+ SIC 64999 peers
86

Financial strength88th percentile among SIC peers · 22/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 6.69× · 20/20
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 strength22/25 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.

Liquidity20/20 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 31/03/2025

Net Worth

£332k

Balance sheet strength

Cash

£138k

Cash in the bank

Net Current Assets

£324k

Working capital

Current Assets

£380k

Current Liabilities

£57k

Fixed Assets

£24k

Debtors

£95k

9avg. employees

Balance Sheet

Assets less current liabilities£348k
Prepared with PTP Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20256.69+£9k
202413.44+£4k
202319.05+£1k
202211.53+£41k
202117.18

Derived from filed accounts. Not audited figures.