Watsons Bay Ltd
13374330
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/05/2025
micro entity
Next accounts due
28/02/2027
Confirmation statement
Last: 03/05/2026
Due 17/05/2027
Industry
Officers
Persons with Significant Control
Mr Edward King
British · England · Age 50
Coast Road, Coast Road, Norwich, NR12 0EU
Notified 04/05/2021
Mrs Nicky King
British · England · Age 50
Coast Road, Coast Road, Norwich, NR12 0EU
Notified 04/04/2025
Charges1 outstanding
HSBC UK BANK PLC
CompanyRankvs 9270+ SIC 56102 peers41
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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
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
£7k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£32k
Working capital
Current Assets
£23k
Current Liabilities
£55k
Fixed Assets
£101k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.42 | +£0 |
| 2025 | 0.42 | -£5k |
| 2024 | 0.31 | +£8k |
| 2023 | 0.71 | +£1k |
| 2022 | 0.78 | — |
Derived from filed accounts. Not audited figures.