SOURCE WATCHES LIMITED

Company number 05851864 · Active

SOURCE WATCHES LIMITED is a private limited company registered in SUTTON COLDFIELD, United Kingdom, incorporated on 20 Jun 2006. Its registered activity is wholesale of watches and jewellery. Its latest published accounts for the period ending 30 Jun 2025 show equity of £75k, total assets of £183k. It has filed 5 sets of accounts, 1 of them after the deadline. Our model estimates a 2.22 % probability that it becomes insolvent within 12 months, 19.1 times the average for active companies (very high risk).

Insolvency risk, next 12 months

2.22 %
Very high risk
Lowest riskHighest risk

Higher than 99 % of active companies in the United Kingdom. 19.1× the average annual insolvency rate (0.12 %).

Raises the risk

Company age (years)3.3×12.986–22.502 · 0.38 % became insolvent
Accounts filed2.9×3–6 · 0.34 % became insolvent
Current ratio2.4×1.20204–2.65202 · 0.28 % became insolvent
Total assets (log)2.4×4.74546–5.45007 · 0.28 % became insolvent
Equity change ÷ assets2.3×-0.123359–0 · 0.26 % became insolvent
Equity (signed log)2.0×4.7115–5.52268 · 0.23 % became insolvent

Lowers the risk

Accounts overdue0.8×0 · 0.09 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
05851864 · official register
Status
Active
Legal form
Private Limited Company
Incorporated
20 Jun 2006 (20 years)
Registered address
B72 1TJ SUTTON COLDFIELD
Postcode area
Birmingham
Activity
46480 Wholesale of watches and jewellery
Industry
Wholesale trade
Accounts overdue
No

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
30 Jun 202515 Mar 2026– –£75k£183k £68k–1
30 Jun 202415 Mar 2025– –£78k£223k £91k–2
30 Jun 202215 Mar 2023– –£31k£111k £41k–2
30 Jun 202115 Feb 2022– –£18k£123k £66k–2
30 Jun 202015 Jun 2021– –£14k£136k £73k–2

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

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Questions about SOURCE WATCHES LIMITED

What is the company number of SOURCE WATCHES LIMITED?

SOURCE WATCHES LIMITED is registered under company number 05851864 in the official register of United Kingdom. View it at the official register.

Is SOURCE WATCHES LIMITED still active?

Yes. SOURCE WATCHES LIMITED is registered as active (status: Active).

Has SOURCE WATCHES LIMITED gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for SOURCE WATCHES LIMITED in the official data.

How likely is SOURCE WATCHES LIMITED to become insolvent?

Our model estimates a 2.22 % probability that SOURCE WATCHES LIMITED becomes insolvent within the next 12 months (very high risk). That is higher than 99 % of active companies in the United Kingdom.

When was SOURCE WATCHES LIMITED founded?

SOURCE WATCHES LIMITED was incorporated on 20 Jun 2006.

Where is SOURCE WATCHES LIMITED registered?

SOURCE WATCHES LIMITED's registered address is in B72 1TJ SUTTON COLDFIELD (Birmingham), United Kingdom.

What do the latest accounts of SOURCE WATCHES LIMITED show?

The latest published accounts (period ending 30 Jun 2025) show equity of £75k, total assets of £183k, 1 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 8 Nov 2026.