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Liudas Norkus Watches Ltd

16165535

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

20 WENLOCK ROAD, LONDON, N1 7GU
Incorporated 06/01/2025

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

26520
Manufacture of watches and clocks
46480
Wholesale of watches and jewellery

Officers

Mr Liudas Norkus

director · Since 06/01/2025

COMPANY DIRECTOR

LITHUANIAN · UNITED KINGDOM · Age 29

Persons with Significant Control

Mr Liudas Norkus

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

Lithuanian · United Kingdom · Age 29

20, Wenlock Road, London, N1 7GU

Notified 06/01/2025

CompanyRankvs 32+ SIC 26520 peers
67

Financial strength86th percentile among SIC peers · 22/25
Employees53th percentile among SIC peers · 8/15
LiquidityCurrent ratio 2.84× · 20/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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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.

Employees8/15 pts

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

Liquidity20/20 pts

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

Longevity2/15 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 31/01/2026

Net Worth

£59k

Balance sheet strength

Cash

£69k

Cash in the bank

Net Current Assets

£52k

Working capital

Current Assets

£81k

Current Liabilities

£28k

Fixed Assets

£7k

Debtors

£5k

1avg. employees

Tax at Year End

Corp tax£27k

Director Loans

Company owes directors£41

Balance Sheet

Assets less current liabilities£59k
Signed by Liudas Norkus 15/05/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20262.84

Derived from filed accounts. Not audited figures.