Bramlys Ltd

Bramlys Ltd, based in Salisbury, UK, is a small, family-run business with an active status. Founded seven years ago in 2018, it employs just one person and holds £266,933 in assets. The company operates from a real address and is led by one director and two owners. It’s an e-commerce site with a stellar 5.0 Google rating from 91 reviews, regularly exporting clocks, watches, and their parts—the last export operation was made on November 01, 2024.

The company’s website, Bramlys, is a curated marketplace for pre-owned luxury watches. It showcases a wide range of brands, from Alain Silberstein to Zenith, catering to watch enthusiasts and collectors. The site features detailed product descriptions, high-quality images, and a user-friendly interface. It even offers watch care and repair services, partnering with a trade service centre. The website’s design is clean and professional, emphasizing the exclusivity and quality of the watches offered.

Financially, Bramlys Ltd presents a mixed picture. While cash reserves increased by 50% to £42,000, net assets only grew slightly to £1,700. Bank borrowings decreased by 15%, reaching £31,000, and creditors dropped by 25% to £240,000. Trade debtors decreased by 39%, suggesting better debt management. The company’s small size (meeting two of three criteria for a small company) helps it remain flexible, but the increase in bank borrowings could be a concern. The company’s unaudited financial statements, as it’s exempt from an audit, rely on director-reported data.

Overall, Bramlys Ltd appears to be a well-managed, niche e-commerce business with a strong online presence. However, the increase in bank borrowings and the relatively low net assets warrant close monitoring. The company's success hinges on maintaining its reputation for quality and service in the competitive luxury watch market.

Registered in England/Wales under the registration number 11137493, with a registered address at SP1 3SP, England, Salisbury, 49b Castle Street.

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