Chrono Global Ltd

Chrono Global Ltd, based in Bexhill, UK, is a small, active company founded four years ago. With a single employee and £392,752 in assets, it operates from a virtual address – a detail flagged by the registration of 303 other companies at the same location. The business is led by a solo founder and director, Khan Ismail, and runs an e-commerce site specializing in clocks, watches, and their parts. It regularly imports these items (for five months, with the latest in June 2024) and occasionally exports them (for two months, the last in August 2024).

The company’s website, Chrono Group, positions itself as a trusted retailer of luxury watches in London, offering new and pre-owned timepieces from brands like Rolex, Patek Philippe, and Cartier. It also provides services like watch sourcing, repairs, and authentication, with a focus on customer service and a 12-month warranty. The site even highlights a partnership with Watford FC, suggesting a commitment to brand visibility. The company’s website also mentions a showroom in Harrods, London.

Financially, Chrono Global Ltd presents a mixed picture. Cash bank on hand has dramatically increased by 3,600% to £26,000, a very positive sign. However, creditors have also risen significantly, increasing by 310% to £260,000, which could indicate increased reliance on short-term financing. Trade debtors have also jumped to £120,000. Despite this, net assets have improved by 470% to £130,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain nimble. There's no auditor mentioned, meaning the financial statements are unaudited.

Overall, Chrono Global Ltd appears to be experiencing growth, but it’s important to monitor the rising debt levels. The company’s focus on luxury watches and its online presence suggest a potential for continued success, although the virtual address raises questions about its operational infrastructure.

Registered in England/Wales under the registration number 13065582, with a registered address at TN39 5ES, United Kingdom, Bexhill, East Sussex, Unit 2.02 High Weald House, Glovers End.

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