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Watcho Mk Ltd

10793002

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

12 DEER WALK, MILTON KEYNES, MK9 3AB
Incorporated 30/05/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47770
Retail sale of watches and jewellery in specialised stores

Officers

Mrs Vidya Choksi

secretary · Since 30/05/2017

Mr Joy Choksi

director · Since 30/05/2017

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 4 other boards

Persons with Significant Control

Mr Joy Choksi

25–50% shares
25–50% votes
Appoint directors

British · England · Age 51

12, Deer Walk, Milton Keynes, MK9 3AB

Notified 30/05/2017

Mrs Vidya Choksi

25–50% shares
25–50% votes

British · England · Age 47

12, Deer Walk, Milton Keynes, MK9 3AB

Notified 30/05/2017

Charges0 outstanding

Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 03/08/2017Registered 08/08/2017Satisfied 11/04/2018

CompanyRankvs 897+ SIC 47770 peers
77

Financial strength91th percentile among SIC peers · 23/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.95× · 16/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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897Watcho Mk Ltd
73
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.

Liquidity16/20 pts

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

Longevity9/15 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

£344k

Balance sheet strength

Cash

£436k

Cash in the bank

Net Current Assets

£360k

Working capital

Current Assets

£739k

Current Liabilities

£378k

Fixed Assets

£53k

Debtors

£121k

Profit After Tax

£54k

9avg. employees

Tax at Year End

Corp tax£23k
Dividends paid£40k

People Costs

Wages & salaries£94k
NI contributions£84

Balance Sheet

Assets less current liabilities£413k
Prepared with Sage Accounts Production 25.0 - FRS102_2025

EstimatesDerived

YearCurrent RatioImplied Profit
20251.95+£51k
20241.82+£14k
20231.85+£5k
20221.85+£137k
20211.53+£58k
20201.19—

Derived from filed accounts. Not audited figures.