WATCH REPAIR CLINIC LTD

Executive Summary

WATCH REPAIR CLINIC LTD is a micro-entity private limited company showing recent improvement in liquidity and equity positions while maintaining compliance with statutory filing requirements. Despite past liquidity challenges and zero employee count, the company currently appears solvent and operationally stable. Further review of cash flow and operational structure is recommended to fully assess sustainability.

WATCH REPAIR CLINIC LTD - Analysis Report

Company Number: 12886550

Analysis Date: 2025-07-29 20:21 UTC

1. Risk Rating: LOW
   The company demonstrates positive net assets and net current assets in the latest year, with no overdue filings and a stable director structure. The financial position shows improvement in liquidity and equity compared to prior years, indicating the ability to meet obligations.

2. Key Concerns:

• Historically negative net current assets in prior years (2022 and 2023) indicate past liquidity challenges that could affect operational stability.
• The company operates with no employees, which may raise questions about operational scalability and reliance on directors or contractors.
• Limited financial disclosure typical of micro-entity accounts restricts the ability to assess profitability or cash flow trends in detail.

3. Positive Indicators:

• Latest accounts (year ended 30 Sep 2024) show net current assets of £1,436 and net assets of £8,651, representing an improved liquidity and equity position.
• No overdue accounts or confirmation statements, indicating good regulatory compliance and governance.
• Ownership is concentrated among two significant controllers, which may facilitate decision-making and strategic alignment.

4. Due Diligence Notes:

• Investigate the reasons behind prior years’ negative net current assets and how liquidity was managed or improved.
• Review cash flow statements and profit & loss data (if available) to confirm operational cash generation and sustainability.
• Understand the business model given zero employees reported—determine if operations rely on contractors or director involvement.
• Confirm absence of contingent liabilities or off-balance-sheet commitments beyond the note indicating none reported.
• Assess director background and any related party transactions given concentration of control.