Bloombar Watches Limited

Bloombar Watches Ltd, based in London, UK, is a small, active company founded twelve years ago. With six employees and £2,088,144 in assets, it operates from a real address and is led by one director and owner. The business runs an e-commerce site specializing in luxury watches, offering both sales and part exchange services. It’s an irregular importer of clocks, watches, and their parts (one month of imports in the last year) and a regular exporter (forty-four months of exports).

The company’s website highlights its expertise in buying, selling, and restoring luxury timepieces, particularly from brands like Rolex, Patek Philippe, and Omega. It offers a “little bit about us” section emphasizing a discreet, relationship-focused approach and a team of experienced professionals. The site also features customer testimonials praising the company’s service and knowledge, and a section detailing the process of selling a watch, from initial valuation to final payment. They even offer finance options and a “what our clients say” section.

Financially, Bloombar Watches Ltd presents a mixed picture. Accumulated depreciation increased by 100% to £33,000, while bank borrowings decreased by 26% to £190,000. Creditors also decreased by 5.1% to £580,000. However, net assets increased by 24% to £640,000, and cash reserves saw a dramatic rise of 1700% to £110. Debtor’s also increased by 58% to £1,000,000. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the fluctuating numbers suggest a need for careful financial management. As a small company, it’s likely exempt from an external audit, relying on internally generated financial data. It’s clear that Bloombar Watches Ltd is navigating the complexities of the luxury watch market, balancing import/export activities with online sales and customer service.

Registered in England/Wales under the registration number 08314190, with a registered address at W1H 2HR, England, London, 102 Crawford Street.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.