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Watch & Passion Ltd

09002202

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

C/O. SUITE 205, BALFOUR HOUSE, LONDON, N12 0BP
Incorporated 17/04/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47770
Retail sale of watches and jewellery in specialised stores
47799
Retail sale of second-hand goods in stores

Officers

Mr Salvatore Buonomo

director · Since 17/04/2014

ENTREPRENEUR

ITALIAN · UNITED KINGDOM · Age 61

Also on 1 other board

Mr Loris Buonomo

director · Since 01/09/2015

ENTREPRENEUR

ITALIAN · ITALY · Age 31

Persons with Significant Control

Mr Salvatore Buonomo

75–100% shares

Italian · United Kingdom · Age 61

C/O. Suite 205, Balfour House, 741 High Road, London, N12 0BP

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 06/07/2020Registered 10/07/2020

CompanyRankvs 760+ SIC 47770 peers
65

Financial strength88th percentile among SIC peers · 22/25
Employees38th percentile among SIC peers · 6/15
LiquidityCurrent ratio 2.03× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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760Watch & Passion Ltd
75
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.

Employees6/15 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 30/04/2025

Net Worth

£197k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£206k

Working capital

Current Assets

£406k

Current Liabilities

£200k

1avg. employees

Balance Sheet

Assets less current liabilities£206k
Signed by Mr S Buonomo,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.03+£6k
20245.47-£15k
20234.50+£10k
20221.77-£10k
20214.50+£12k
20201.80+£52k
20192.12+£50k
20181.82—

Derived from filed accounts. Not audited figures.