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Watchobsession Ltd

08909242

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

23-25 PIER STREET, ABERYSTWYTH, SY23 2LN
Incorporated 24/02/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47770
Retail sale of watches and jewellery in specialised stores

Officers

Mrs Deborah Jayne Pemberthy

director · Since 24/02/2014

DIRECTOR

BRITISH · WALES · Age 54

Also on 1 other board

Gary James Pemberthy

director · Since 24/02/2014

DIRECTOR

BRITISH · WALES · Age 58

Also on 1 other board

Mr Mathew Pemberthy

director · Since 24/02/2014

DIRECTOR

WELSH · UNITED KINGDOM · Age 35

Persons with Significant Control

Gary James Pemberthy

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

British · Wales · Age 58

23-25, Pier Street, Aberystwyth, SY23 2LN

Notified 06/04/2016

Former PSCs

Mr Mathew Pemberthy

Ceased 23/04/2025

Charges2 outstanding

Charge
outstanding

HSBC BANK PLC

Created 03/12/2018Registered 18/12/2018
Charge
outstanding

HSBC BANK PLC

Created 15/11/2017Registered 21/11/2017

CompanyRankvs 258+ SIC 47770 peers
75

Financial strength94th percentile among SIC peers · 24/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.75× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 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.

Longevity12/15 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 28/02/2025

Net Worth

£554k

Balance sheet strength

Cash

£18k

Cash in the bank

Net Current Assets

£320k

Working capital

Current Assets

£502k

Current Liabilities

£183k

Fixed Assets

£355k

Debtors

£34k

9avg. employees

Tax at Year End(2023)

Corp tax£32k

Balance Sheet

Bank loans & overdrafts£90k
Assets less current liabilities£675k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20252.75-£4k
20242.41-£7k
20232.85+£69k
20222.62+£45k
20213.10

Derived from filed accounts. Not audited figures.