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Its Time For Watch Ltd

11429717

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

2 UNION STREET, BRIGHTON, BN1 1HA
Incorporated 22/06/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47770
Retail sale of watches and jewellery in specialised stores

Officers

Mrs Selin Yigit

director · Since 22/06/2018

DIRECTOR

TURKISH · ENGLAND · Age 44

Mr Yuksel Yigit

director · Since 05/10/2020

DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 1 other board

Persons with Significant Control

Mrs Selin Yigit

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

Turkish · England · Age 44

2, Union Street, Brighton, BN1 1HA

Notified 22/06/2018

Mr Yuksel Yigit

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

British · England · Age 46

2, Union Street, Brighton, BN1 1HA

Notified 05/10/2020

CompanyRankvs 1276+ SIC 47770 peers
72

Financial strength89th percentile among SIC peers · 22/25
Employees76th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.68× · 16/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
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10Michael Spiers (Jewellers) Limited
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1276Its Time For Watch Ltd
67
How is this score calculated?
Financial strength22/25 pts

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

Employees11/15 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.

Longevity8/15 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 30/06/2025

Net Worth

£232k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

£282k

Working capital

Current Assets

£695k

Current Liabilities

£413k

Fixed Assets

£9k

3avg. employees+1

Balance Sheet

Assets less current liabilities£291k

EstimatesDerived

YearCurrent RatioImplied Profit
20251.68+£5k
20241.60+£29k
20232.71+£123k
20221.96+£109k
20210.98-£21k
2020—-£34k
20190.02—

Derived from filed accounts. Not audited figures.