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The Watch Atelier Ltd

09417844

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

SUITE 4 SECOND FLOOR AUS BORE HOUSE 19-25, WILMSLOW, SK9 1BQ
Incorporated 02/02/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

95250
Repair of watches, clocks and jewellery

Officers

Mr Joseph Anthony Mckenzie

director · Since 02/09/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 38

Also on 4 other boards

Persons with Significant Control

Mr Joseph Anthony Mckenzie

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

British · United Kingdom · Age 38

Suite 4 Second Floor Aus Bore House 19-25, Manchester Road, Wilmslow, SK9 1BQ

Notified 06/04/2016

Former PSCs

Francis Edward Mckenzie

Ceased 31/07/2023

Charges0 outstanding

Charge
satisfied

DOWNING LLP (AS SECURITY AGENT)

Created 31/01/2019Registered 14/02/2019Satisfied 31/08/2023
Charge
satisfied

DOWNING LLP AS SECURITY TRUSTEE

Created 13/02/2017Registered 15/02/2017Satisfied 31/08/2023

CompanyRankvs 15+ SIC 95250 peers
28

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.49× · 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 strength0/25 pts

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

Employees0/15 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 31/12/2022

Net Worth

-£318k

Balance sheet strength

Cash

£18k

Cash in the bank

Net Current Assets

-£173k

Working capital

Current Assets

£171k

Current Liabilities

£349k

Fixed Assets

£29k

Debtors

£1k

8avg. employees+3

Balance Sheet

Assets less current liabilities-£144k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20220.49-£217k
20210.19-£13k
20200.65+£4k
20190.85-£13k
20180.13

Derived from filed accounts. Not audited figures.