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Watchwearers Ltd

14177484

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

16 COMMERCE SQUARE, NOTTINGHAM, NG1 1HS
Incorporated 16/06/2022

Compliance

Last accounts

30/06/2025

micro entity

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 14/10/2025

Due 28/10/2026

On track

Industry

47770
Retail sale of watches and jewellery in specialised stores
47910
Retail sale via mail order houses or via Internet
62090
Other information technology service activities

Officers

Mr Laurence Scott Collins

director · Since 16/06/2022

FOUNDER

BRITISH · ENGLAND · Age 33

Also on 6 other boards

Persons with Significant Control

Mr Laurence Scott Collins

75–100% shares
75–100% votes
Appoint directors

British · England · Age 33

16, Commerce Square, Nottingham, NG1 1HS

Notified 16/06/2022

CompanyRankvs 4660+ SIC 47770 peers
30

Financial strength10th percentile among SIC peers · 3/25
Employees38th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees6/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

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

Longevity4/15 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 30/06/2024

Net Worth

-£14k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£13k

Working capital

Current Assets

£8

Current Liabilities

£13k

1avg. employees

Balance Sheet

Assets less current liabilities-£13k
Signed by Mr Laurence Collins 7th April 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.00-£470
20230.00

Derived from filed accounts. Not audited figures.