The Firmwatch take
City Watches Limited (05385052) currently shows: Watch signal detected, based on accounts to 30 September 2024; last refreshed 24 May 2026. Negative working capital plus 1 more cautionary signal — extracted from the latest filed accounts.
Companies House source·Accounts to 30 Sept 2024·Refreshed 24 May 2026·Methodology and caveats
Firmwatch signals are generated from public filings and are not credit ratings or financial advice.
Incorporated
8 March 2005
21 years on the register
Sector
Other business support service activities n.e.c.
SIC 82990
Size
Not classified
Net assets
£2
Bottom 30% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Insolvency risk
Worth watching
The latest public accounts contain some cautionary signs, but not enough to suggest severe distress on their own.
Thin net asset buffer
The company reports a small visible net asset position.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Money
What the balance sheet says
Net assets
£2
Bottom 30% in sector · sector median £1k · 151,492 filers in this sector
Cash
Not disclosed
Working cap.
−£75k
Median £4k
Current ratio
—
Signals · 3
Positive net assets
The latest filed accounts show assets exceeding liabilities.
Negative working capital
Current liabilities exceed current assets in the extracted accounts.
Old public accounts
The latest extracted accounts period is more than 18 months old.
Sector benchmark · Property and Support Services
How this company compares in 151,492 filers in this sector
Bottom 30% in sector — City Watches Limited shows £2 in net assets. Sector median is £1k.
Sector medians are computed annually across all UK companies in this broad sector. Position is approximate — see the Money tab for the full balance sheet.
People
Who runs this company
- CL
COMPTON, Lee David
director · since 2006
Registered office
Address intelligence
8 other companies registered here.
Common for accountants' offices and small business centres.
Address pattern · E1 8DZ
8 other UK companies registered here — all still trading.
Active
8
Dissolved
0
Strike-off action
0
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.