Watchmaker Property Limited
12004761
Notable Risks
- Confirmation statement overdue (-10)
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/05/2025
total exemption full
Next accounts due
28/02/2027
Confirmation statement
Last: 19/05/2025
Due 02/06/2026
Industry
Officers
director · Since 20/05/2019
TEACHER
BRITISH · ENGLAND · Age 55
Also on 2 other boards
Persons with Significant Control
Andrew David Houghton
British · United Kingdom · Age 69
Crowmeole Farmhouse, Crowmeole Lane, Shrewsbury, SY3 8AY
Notified 20/05/2019
Mrs Emma Jane Karolyi
British · United Kingdom · Age 56
1 Derwent Business Centre, Clarke Street, Derby, DE1 2BU
Notified 20/05/2019
Mr Julian Robert Karolyi
British · England · Age 55
1 Derwent Business Centre, Clarke Street, Derby, DE1 2BU
Notified 20/05/2019
Charges2 outstanding
THE ROYAL BANK OF SCOTLAND PLC
THE ROYAL BANK OF SCOTLAND PLC
Change History
Active
Private Limited Company
2ND FLOOR ORIGIN ONE
CRAWLEY
RH10 1BD
CompanyRankvs 275944+ SIC 68209 peers7
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006 . The following principal accounting policies have been applied: 2.2 Going concern As at 31 May 2025, the Company reports net current liabilities of £ 177,345 (2024 - £ 166,011 ). Whilst some uncertainties exist and these may cast doubt on the Company's ability to cont
Key FinancialsYear ending 31/05/2025
Net Worth
-£52k
Balance sheet strength
Cash
£666
Cash in the bank
Net Current Assets
-£177k
Working capital
Current Assets
£2k
Current Liabilities
£180k
Fixed Assets
£301k
Debtors
£1k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.01 | -£4k |
| 2024 | 0.02 | -£1k |
| 2023 | 0.02 | — |
Derived from filed accounts. Not audited figures.