watchtower finance limited
watchtower finance limited Company Information
Company Number
01068030
Next Accounts
Oct 2025
Shareholders
valerie gershon
Group Structure
View All
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Registered Address
28 church road, stanmore, middlesex, HA7 4XR
Website
watchtowerfinance.co.ukwatchtower finance limited Estimated Valuation
Pomanda estimates the enterprise value of WATCHTOWER FINANCE LIMITED at £1m based on a Turnover of £789k and 1.31x industry multiple (adjusted for size and gross margin).
watchtower finance limited Estimated Valuation
Pomanda estimates the enterprise value of WATCHTOWER FINANCE LIMITED at £0 based on an EBITDA of £-45.1k and a 4.52x industry multiple (adjusted for size and gross margin).
watchtower finance limited Estimated Valuation
Pomanda estimates the enterprise value of WATCHTOWER FINANCE LIMITED at £791.2k based on Net Assets of £590k and 1.34x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Watchtower Finance Limited Overview
Watchtower Finance Limited is a live company located in middlesex, HA7 4XR with a Companies House number of 01068030. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in August 1972, it's largest shareholder is valerie gershon with a 100% stake. Watchtower Finance Limited is a mature, small sized company, Pomanda has estimated its turnover at £789k with high growth in recent years.
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Watchtower Finance Limited Health Check
Pomanda's financial health check has awarded Watchtower Finance Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £789k, make it smaller than the average company (£5.3m)
- Watchtower Finance Limited
£5.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 28%, show it is growing at a faster rate (6.3%)
- Watchtower Finance Limited
6.3% - Industry AVG
Production
with a gross margin of 54.7%, this company has a comparable cost of product (54.7%)
- Watchtower Finance Limited
54.7% - Industry AVG
Profitability
an operating margin of -5.9% make it less profitable than the average company (9.3%)
- Watchtower Finance Limited
9.3% - Industry AVG
Employees
with 3 employees, this is below the industry average (12)
3 - Watchtower Finance Limited
12 - Industry AVG
Pay Structure
on an average salary of £79.6k, the company has an equivalent pay structure (£79.6k)
- Watchtower Finance Limited
£79.6k - Industry AVG
Efficiency
resulting in sales per employee of £263k, this is more efficient (£213.6k)
- Watchtower Finance Limited
£213.6k - Industry AVG
Debtor Days
it gets paid by customers after 40 days, this is later than average (32 days)
- Watchtower Finance Limited
32 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Watchtower Finance Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Watchtower Finance Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (29 weeks)
6 weeks - Watchtower Finance Limited
29 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 27.4%, this is a lower level of debt than the average (68.8%)
27.4% - Watchtower Finance Limited
68.8% - Industry AVG
WATCHTOWER FINANCE LIMITED financials
Watchtower Finance Limited's latest turnover from January 2024 is estimated at £789 thousand and the company has net assets of £590 thousand. According to their latest financial statements, Watchtower Finance Limited has 3 employees and maintains cash reserves of £7.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 3 | 3 | 2 | 2 | 2 | 2 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,107 | 4,260 | 6,262 | 7,550 | 10,458 | 13,278 | 12,345 | 14,277 | 10,487 | 9,414 | 6,557 | 7,598 | 8,971 | 11,656 | 11,685 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | ||||
| Debtors (Due After 1 year) | 253,832 | 309,001 | 401,513 | 460,822 | 495,551 | 567,914 | 583,582 | ||||||||
| Total Fixed Assets | 5,107 | 6,260 | 8,262 | 9,550 | 10,458 | 13,278 | 12,345 | 14,277 | 266,319 | 320,415 | 410,070 | 470,420 | 506,522 | 581,570 | 597,267 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 86,826 | 86,826 | 59,325 | 804,833 | 861,815 | 913,833 | 945,846 | 714,463 | 684,171 | 527,618 | 474,676 | 378,073 | 279,658 | 217,239 | |
| Group Debtors | |||||||||||||||
| Misc Debtors | 713,174 | 720,208 | 764,392 | 781,985 | |||||||||||
| Cash | 7,542 | 49,744 | 36 | 8,617 | 53,184 | 44,073 | 68,225 | 22,192 | 46,960 | 84,431 | 124,377 | ||||
| misc current assets | |||||||||||||||
| total current assets | 807,542 | 856,778 | 823,753 | 790,602 | 804,833 | 861,815 | 913,833 | 945,846 | 767,647 | 728,244 | 595,843 | 496,868 | 425,033 | 364,089 | 341,616 |
| total assets | 812,649 | 863,038 | 832,015 | 800,152 | 815,291 | 875,093 | 926,178 | 960,123 | 1,033,966 | 1,048,659 | 1,005,913 | 967,288 | 931,555 | 945,659 | 938,883 |
| Bank overdraft | 2,076 | ||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 20,643 | 34,307 | 20,100 | 20,576 | 39,654 | 46,692 | 32,119 | 42,554 | 38,927 | 40,090 | 44,345 | ||||
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 64,175 | 69,767 | 18,769 | 36,352 | |||||||||||
| total current liabilities | 64,175 | 69,767 | 20,845 | 36,352 | 20,643 | 34,307 | 20,100 | 20,576 | 39,654 | 46,692 | 32,119 | 42,554 | 38,927 | 40,090 | 44,345 |
| loans | 45,000 | ||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 158,500 | 158,500 | 158,500 | 177,123 | 205,803 | 297,063 | 307,733 | 318,350 | 338,999 | 364,649 | 365,298 | 315,948 | 316,598 | 362,188 | 322,460 |
| provisions | |||||||||||||||
| total long term liabilities | 158,500 | 158,500 | 158,500 | 177,123 | 205,803 | 297,063 | 307,733 | 318,350 | 338,999 | 364,649 | 365,298 | 315,948 | 316,598 | 362,188 | 367,460 |
| total liabilities | 222,675 | 228,267 | 179,345 | 213,475 | 226,446 | 331,370 | 327,833 | 338,926 | 378,653 | 411,341 | 397,417 | 358,502 | 355,525 | 402,278 | 411,805 |
| net assets | 589,974 | 634,771 | 652,670 | 586,677 | 588,845 | 543,723 | 598,345 | 621,197 | 655,313 | 637,318 | 608,496 | 608,786 | 576,030 | 543,381 | 527,078 |
| total shareholders funds | 589,974 | 634,771 | 652,670 | 586,677 | 588,845 | 543,723 | 598,345 | 621,197 | 655,313 | 637,318 | 608,496 | 608,786 | 576,030 | 543,381 | 527,078 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 1,153 | 2,002 | 2,088 | 3,496 | 3,138 | 2,186 | 2,533 | 2,991 | 3,885 | 3,896 | |||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | -7,034 | -16,683 | 41,732 | -22,848 | -56,982 | -52,018 | -32,013 | -22,449 | -24,877 | 64,041 | -6,367 | 61,874 | 26,052 | 46,751 | 800,821 |
| Creditors | -20,643 | -13,664 | 14,207 | -476 | -19,078 | -7,038 | 14,573 | -10,435 | 3,627 | -1,163 | -4,255 | 44,345 | |||
| Accruals and Deferred Income | -5,592 | 50,998 | -17,583 | 36,352 | |||||||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 2,000 | -2,000 | 2,000 | ||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -45,000 | 45,000 | |||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -18,623 | -28,680 | -91,260 | -10,670 | -10,617 | -20,649 | -25,650 | -649 | 49,350 | -650 | -45,590 | 39,728 | 322,460 | ||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -42,202 | 49,708 | -8,581 | 8,617 | -53,184 | 9,111 | -24,152 | 46,033 | -24,768 | -37,471 | -39,946 | 124,377 | |||
| overdraft | -2,076 | 2,076 | |||||||||||||
| change in cash | -42,202 | 51,784 | -10,657 | 8,617 | -53,184 | 9,111 | -24,152 | 46,033 | -24,768 | -37,471 | -39,946 | 124,377 |
watchtower finance limited Credit Report and Business Information
Watchtower Finance Limited Competitor Analysis
Perform a competitor analysis for watchtower finance limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in HA7 area or any other competitors across 12 key performance metrics.
watchtower finance limited Ownership
WATCHTOWER FINANCE LIMITED group structure
Watchtower Finance Limited has no subsidiary companies.
Ultimate parent company
WATCHTOWER FINANCE LIMITED
01068030
watchtower finance limited directors
Watchtower Finance Limited currently has 2 directors. The longest serving directors include Mr Marc Gershon (Mar 1998) and Ms Sue Newton (Mar 1998).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Marc Gershon | England | 51 years | Mar 1998 | - | Director |
| Ms Sue Newton | England | 54 years | Mar 1998 | - | Director |
P&L
January 2024turnover
789k
+2%
operating profit
-46.3k
0%
gross margin
54.7%
-3.49%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
590k
-0.07%
total assets
812.6k
-0.06%
cash
7.5k
-0.85%
net assets
Total assets minus all liabilities
watchtower finance limited company details
company number
01068030
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
August 1972
age
53
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
January 2024
previous names
watchtower investments limited (September 2018)
accountant
PARKER CAVENDISH
auditor
-
address
28 church road, stanmore, middlesex, HA7 4XR
Bank
BARCLAYS BANK PLC
Legal Advisor
-
watchtower finance limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to watchtower finance limited.
watchtower finance limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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watchtower finance limited Companies House Filings - See Documents
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