The Watch Section Ltd
13088474
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Khalid Pender
British · England · Age 39
London Diamond District, 36 Hatton Garden, London, EC1N 8EB
Notified 17/12/2020
Former PSCs
Andrew Olugbenga Aderemi
Ceased 01/03/2021
Mr Lorenzo Markos Toumazos
Ceased 04/03/2025
CompanyRankvs 4150+ SIC 47770 peers37
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2024
Net Worth
-£63k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£62k
Working capital
Current Assets
£62k
Current Liabilities
£124k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.50 | -£77k |
| 2023 | 1.20 | +£10k |
| 2022 | 1.08 | +£2k |
| 2021 | 1.06 | — |
Derived from filed accounts. Not audited figures.