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Watchmax Limited

09083232

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

163 WHITCHURCH LANE, EDGWARE, HA8 6QS
Incorporated 12/06/2014

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

Officers

Kishan Hirani

director · Since 12/06/2014

SALES

BRITISH · UNITED KINGDOM · Age 37

Vijay Hirani

secretary · Since 12/06/2014

Mrs Vijayata Hirani

director · Since 06/04/2015

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 1 other board

Persons with Significant Control

Mrs Vijayata Hirani

25–50% shares
25–50% votes

British · England · Age 42

65, Radcliffe Road, Harrow, HA3 7QA

Notified 06/04/2016

Mr Kishan Hirji Hirani

25–50% shares
25–50% votes

British · England · Age 37

65, Radcliffe Road, Harrow, HA3 7QA

Notified 06/04/2016

CompanyRankvs 1258+ SIC 47770 peers
68

Financial strength68th percentile among SIC peers · 17/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.19× · 12/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength17/25 pts

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

Employees12/15 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.

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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/05/2025

Net Worth

£19k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£19k

Working capital

Current Assets

£117k

Current Liabilities

£98k

Fixed Assets

£1k

4avg. employees

Balance Sheet

Assets less current liabilities£20k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20251.19+£18k
20241.11-£2k
20231.19+£19k
20221.12+£4k
20210.84-£93k
20201.53-£91k
20191.93
20181.00

Derived from filed accounts. Not audited figures.