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Watcho Ltd

07999091

active
Private Limited Company
Companies House
Health Score
82 / 100

Healthy

30/30
Filing
20/30
Financial
32/40
Risk
  • 4 outstanding charges (-8)

Details

UNIT 2 FURTHO COURT, MILTON KEYNES, MK19 6AN
Incorporated 21/03/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47770
Retail sale of watches and jewellery in specialised stores
47910
Retail sale via mail order houses or via Internet
68209
Other letting and operating of own or leased real estate

Officers

Mrs Vidya Choksi

director · Since 21/03/2012

ADMINSTRATOR

BRITISH · ENGLAND · Age 47

Also on 1 other board

Mr Pradipkumar Kacharulal Sarda

director · Since 21/03/2012

IT CONSULTANT

BRITISH · ENGLAND · Age 47

Also on 1 other board

Mr Joy Choksi

director · Since 12/03/2020

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 4 other boards

Persons with Significant Control

Mr Pradipkumar Kacharulal Sarda

25–50% shares
25–50% votes

British · England · Age 47

Unit 2, Furtho Court, Milton Keynes, MK19 6AN

Notified 06/04/2016

Watcho Mk Ltd

25–50% shares
25–50% votes

12, Deer Walk, Milton Keynes, MK9 3AB

Reg: 10793002 · England · Limited Company

Notified 11/03/2020

Former PSCs

Mrs Vidya Choksi

Ceased 11/03/2020

Charges4 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 03/03/2023Registered 08/03/2023
Charge
outstanding

ALLICA BANK LIMITED

Created 18/06/2021Registered 01/07/2021
Charge
outstanding

HSBC UK BANK PLC

Created 14/09/2020Registered 14/09/2020
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 15/10/2018Registered 15/10/2018Satisfied 07/03/2023
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 15/10/2018Registered 15/10/2018Satisfied 07/03/2023
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 11/10/2018Registered 12/10/2018

CompanyRankvs 500+ SIC 47770 peers
69

Financial strength91th percentile among SIC peers · 23/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.16× · 12/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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500Watcho Ltd
79
How is this score calculated?
Financial strength23/25 pts

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

Employees15/15 pts

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

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 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 31/03/2025

Net Worth

£349k

Balance sheet strength

Cash

£194k

Cash in the bank

Net Current Assets

£177k

Working capital

Current Assets

£1.3M

Current Liabilities

£1.1M

Fixed Assets

£934k

Debtors

£105k

13avg. employees+4

Tax at Year End(2024)

Corp tax£16k

Balance Sheet

Intangible assets£19k
Assets less current liabilities£1.1M
Signed by Mr Pradipkumar Sarda 18/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.16-£9k
20241.40-£14k
20231.82+£70k
20222.18+£123k
20211.33+£128k
20200.77+£9k
20190.77—

Derived from filed accounts. Not audited figures.