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Watchnation Limited

09989944

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

27 BRIDGE STREET ROW EAST, CHESTER, CH1 1NW
Incorporated 05/02/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47770
Retail sale of watches and jewellery in specialised stores

Officers

Mr David Parry Bsc

director · Since 05/02/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 1 other board

Persons with Significant Control

Mr David Parry

75–100% shares
75–100% votes

British · United Kingdom · Age 58

15-17, Charles Street, Chester, CH2 3AZ

Notified 01/07/2016

Former PSCs

Mr Andrew Michael Booth

Ceased 20/06/2018

Mrs Gaynor Parry

Ceased 02/12/2020

Charges2 outstanding

Charge
outstanding

SANTANDER UK PLC AS SECURITY TRUSTEE

Created 30/03/2021Registered 31/03/2021
Charge
outstanding

DAVID PARRY

Created 11/07/2018Registered 12/07/2018

CompanyRankvs 818+ SIC 47770 peers
65

Financial strength91th percentile among SIC peers · 23/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.37× · 12/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 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.

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.

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.

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 31/05/2025

Net Worth

£316k

Balance sheet strength

Cash

£68k

Cash in the bank

Net Current Assets

£415k

Working capital

Current Assets

£1.5M

Current Liabilities

£1.1M

Fixed Assets

£8k

Debtors

£412k

Profit After Tax

-£1k

8avg. employees

Tax at Year End

Corp tax£20k
Dividends paid-£50k

Balance Sheet

Bank loans & overdrafts£50k
Assets less current liabilities£422k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20251.37-£44k
20241.71-£51k
20231.72

Derived from filed accounts. Not audited figures.