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Watchdog Locksmiths Ltd

09374258

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

15 PARK AVENUE, LONDON, N3 2EJ
Incorporated 05/01/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25720
Manufacture of locks and hinges
80200
Security systems service activities
96090
Other personal service activities

Officers

Mr Paramjit Singh Bhogal

director · Since 05/01/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Also on 7 other boards

Mr Jeetesh Varsani

director · Since 05/01/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Also on 3 other boards

Persons with Significant Control

Mr Jeetesh Kanji Varsani

Significant control

British · United Kingdom · Age 47

15, Park Avenue, London, N3 2EJ

Notified 05/01/2017

CompanyRankvs 201+ SIC 25720 peers
32

Financial strength3th percentile among SIC peers · 1/25
Employees17th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.41× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees3/15 pts

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

Liquidity2/20 pts

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

Longevity11/15 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 31/03/2025

Net Worth

-£153k

Balance sheet strength

Cash

£30k

Cash in the bank

Net Current Assets

-£191k

Working capital

Current Assets

£133k

Current Liabilities

£323k

Fixed Assets

£40k

Debtors

£98k

Profit After Tax

-£22k

0avg. employees-2

Tax at Year End(2024)

Corp tax£0

Balance Sheet

Assets less current liabilities-£151k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.41-£201k
20241.92-£22k
20234.05+£322
20225.33-£2k
20219.75-£6k
20201.60+£39k
20192.35

Derived from filed accounts. Not audited figures.