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BROOKLANDS WATCH COMPANY LIMITED
YEW TREE HOUSE, LEWES ROAD, FOREST ROW, RH18 5AACompany Number: 10932760
Incorporation date: 25-Aug-2017
Status: Active
Entity type: Private Limited Company
SIC codes:
26520 Manufacture of watches and clocks
46480 Wholesale of watches and jewellery
47770 Retail sale of watches and jewellery in specialised stores
47990 Other retail sale not in stores, stalls or markets
SUMMARY
This company is 6.7 years old and is currently active. It is controlled by multiple entities. No P&L financials are available but there is Balance Sheet data. The company has negative equity (net assets) of GBP -158.4 thousand which has worsened since the previous year's figure of GBP -91.3 thousand. Although the P&L is not published, we can infer from the Balance Sheet that net profit (less dividends) was GBP -67.1 thousand in the last reported period. The company is both loss making and has negative equity, it is therefore likely to go bankrupt unless it can raise funding or business has improved since the last accounts were filed. Retained earnings is negative (GBP -158.5 thousand), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. The company has 2 active officers (directors or partners) who are or were officers of 12 other companies, 5 (41.7%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.FINANCIALS (BETA)
Next accounts due: 31-May-2024Accounts Filed: UNAUDITED ABRIDGED (31-Aug-2022)
P&L Financials:
Year end | Currency | Revenue | Operating profit | Interest Received | Interest Paid | Tax | Net Profit GBP |
---|
Balance Sheet Financials:
Year end | Currency | Cash | Current Assets | Current Liabilities | Debt | Share Capital | Premium Reserve | Retained Earnings | Net Assets |
---|---|---|---|---|---|---|---|---|---|
31-Aug-2022 | GBP | 1,167 | 777,548 | 1,017,690 | 100 | -158,459 | -158,359 | ||
31-Aug-2021 | GBP | 81 | 389,045 | 532,231 | 100 | -91,350 | -91,250 | ||
31-Aug-2020 | GBP | 17,352 | 273,240 | 375,752 | 100 | -55,175 | -55,075 | ||
31-Aug-2019 | GBP | 2,375 | 91,049 | 113,685 | 100 | -22,736 | -22,636 | ||
31-Aug-2018 | GBP | 100 | 100 |
VALUATION EVENTS (BETA)
Year end | Currency | % Equity | Sum raised | Pre-Money Valuation* | Post-Money Valuation* | Enterprise Value** |
---|---|---|---|---|---|---|
31-Aug-2019 | GBP | 100.00% | 100 | 0 | 100 | -1,188 |
** Estimated based on average Cash and Debt levels during period
DISPUTES
No disputes filed on www.disputesregister.orgCOMPANY SECRETARY
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All apointments (active/resigned) |
---|
DIRECTORS
Status | Name | Appointed on | Resigned on | Occupation | Nationality | All appointments (active/resigned) |
Dissolved companies (rate) |
---|---|---|---|---|---|---|---|
Active | Simon Charles JEFFS | 25 Aug 2017 | Company Director | British | 7 - 11 | 8 (44.4%) | |
Active | Sandra Kay JEFFS | 25 Aug 2017 | Company Director | British | 1 - 0 | 0 (0.0%) |
Average tenure of active directors: 6.7 years
Average tenure of resigned directors: no resignations yet
Average active director Dissolution Rate: 22.2%
DIRECTOR APPOINTMENTS IN OTHER COMPANIES
Name
|
|||
---|---|---|---|
MCAYMAN LIMITED (02751531) - Dissolved | ✔ | ||
ORANGE AERO LIMITED (02990055) - Active | ✔ | ||
ORANGE TURBINE SERVICES LIMITED (03240411) - Active | ✔ | ||
A M SOLUTIONS LIMITED (03479865) - Dissolved | ✔ | ||
OYO LAND MANAGEMENT (THAME) LIMITED (05556698) - Active | ✔ | ||
LIME AERO LIMITED (06639302) - Dissolved | ✔ | ||
THE MARLOW BRIDGE PRESERVATION COMPANY LTD (07067223) - Active | ✔ | ||
SPARTAN PRECISION EQUIPMENT LIMITED (08304580) - Active | ✔ | ||
MAGNETIC PRECISION SOLUTIONS LIMITED (08304596) - Dissolved | ✔ | ||
JUNGLE CONSULTING LIMITED (08966983) - Active - Proposal to Strike off | ✔ | ||
ORANGE AERO HOLDINGS LIMITED (09378863) - Active | ✔ | ||
ORANGE INDUSTRIAL LIMITED (09695759) - Dissolved | ✔ | ||
BROOKLANDS WATCH COMPANY LIMITED (10932760) - Active | ✔ | ✔ |
SHAREHOLDERS (BETA)
No shareholder data available
SHAREHOLDINGS (BETA)
no shareholding data
CONTROLLED COMPANIES / CONTROLLING ENTITIES
Controlling entities above
BROOKLANDS WATCH COMPANY LIMITED
no controlled companies
LATE PAYMENTS REPORT
This company has not filed any late payment reports possibly because it is not considered \'Large\'.
COURT CASES
No Court Cases found
PATENTS
No Patents found
COMPETITORS
(Based on Sic code:
26520 Manufacture of watches and clocks)
Company | Registered Address | Company Number | YE Date | Revenue GBP | Net Profit GBP | Other SIC codes |
---|---|---|---|---|---|---|
TIME IS PRECIOUS LIMITED | ARENA BUSINESS CENTRES LANCASTER COURT, 8 BARNES WALLIS ROAD, FAREHAM, HAMPSHIRE, ENGLAND, PO15 5TU | 04910759 | 2018-09-30 | 1,250 | 0 |
46480-Wholesale of watches and jewellery 47910-Retail sale via mail order houses or via Internet |
FALSEN LIMITED | 11 WOOD ROAD, KINGSWOOD, BRISTOL, ENGLAND, BS15 8DT | 10623826 | 2019-02-28 | 0 | 0 | |
MELCHETT LIMITED | 10 KESWICK AVENUE, LOUGHBOROUGH, LEICESTERSHIRE, UNITED KINGDOM, LE11 3RL | 10676031 | 2018-12-31 | 0 | 0 | |
METROPOLE WATCHES LIMITED | CHERRYMEAD THE DRIVE, IFOLD, LOXWOOD, BILLINGSHURST, WEST SUSSEX, UNITED KINGDOM, RH14 0TA | 09922709 | 2018-12-31 | 0 | 0 |
LIQUIDATION RISK (BETA)
This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis | Liquidation within 3 months | Liquidation within 6 months | Liquidation within 12 months | Prediction confidence |
---|---|---|---|---|
BROOKLANDS WATCH COMPANY LIMITED | 0.8% | 4.1% | 8.7% | Medium |
Other companies Active in the same sector | Too few competitors | |||
Age | 0.6% | 2.5% | 4.9% | Medium |
Company Type | 0.7% | 3.7% | 7.4% | Medium |
Accounts category | 0.6% | 2.5% | 4.5% | Medium |
Accounting Month | 1.1% | 4.7% | 11.8% | Medium |
Sic code count | 1.0% | 5.6% | 10.9% | Medium |