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Midland Watch Traders Ltd

08723636

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

166 WARSTONE LANE, BIRMINGHAM, B18 6NN
Incorporated 08/10/2013

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 09/11/2025

Due 23/11/2026

On track

Industry

46480
Wholesale of watches and jewellery

Officers

Mr Nickolas Raymond Bezuidenhout

director · Since 08/10/2013

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 3 other boards

Mr James Fermoyle Perks

director · Since 10/11/2017

BUSINESSMAN

BRITISH · ENGLAND · Age 44

Persons with Significant Control

Mayfair And Eloff Ltd

75–100% shares
75–100% votes
Appoint directors

166, Warstone Lane, Birmingham, B18 6NN

Reg: 10726248 · Companies House · Private Limited Company

Notified 15/01/2021

Former PSCs

Mr James Perks

Ceased 15/01/2021

Mr Nickolas Bezuidenhout

Ceased 10/11/2017

Mr Nickolas Bezuidenhout

Ceased 15/01/2021

Charges2 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 28/02/2019Registered 04/03/2019
Charge
outstanding

HSBC BANK PLC

Created 10/04/2015Registered 10/04/2015

CompanyRankvs 105+ SIC 46480 peers
78

Financial strength98th percentile among SIC peers · 25/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 4.7× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 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.

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.

Longevity13/15 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

£1.7M

Balance sheet strength

Cash

£701k

Cash in the bank

Net Current Assets

£1.6M

Working capital

Current Assets

£2.1M

Current Liabilities

£440k

Fixed Assets

£182k

Debtors

£280k

10avg. employees

Balance Sheet

Assets less current liabilities£1.8M
Signed by Mr Nickolas Bezuidenhout Mr James Perks 12th December 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20254.70+£49k
20249.40+£38k
20236.27+£132k
20222.97+£257k
20212.22+£179k
20202.05+£60k
20191.74—

Derived from filed accounts. Not audited figures.