# WATAN EXCHANGE LTD (10948365)

> WATAN EXCHANGE LTD is an active private limited company (company number 10948365) incorporated on 6 September 2017, registered in London. Its registered activity is financial intermediation not elsewhere classified (SIC 64999). Latest micro accounts cover the period ending 30 September 2025, showing net assets of £7,045, with 3 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 35% on the prior period (£5,233).

- Status: Active
- Incorporated: 2017-09-06
- Registered office: London, N12 0EH
- SIC 64999: Financial intermediation not elsewhere classified
- Next accounts due: 2027-06-30
- Confirmation statement due: 2027-09-20
- Accounts type: MICRO ENTITY

By net assets it sits in the upper half of 4,597 comparable companies in London (median £3,301, upper quartile £114k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-09-30 | £7,045 | — | — | £2,478 | — | — | 3 |
| 2024-09-30 | £5,233 | — | — | £3,598 | — | — | 4 |

current ratio 2.85; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £7,045 at 30 September 2025
- Net assets up 10% or more on the prior period: +34.6% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 2.85
- Incorporated five or more years ago: Incorporated 6 September 2017

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Ahmad Fahim — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2017-09-06

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/10948365
HTML: https://firmoscan.com/company/10948365-watan-exchange-ltd