Citizen Watch United Kingdom Ltd

Citizen Watch United Kingdom Ltd, based in Wokingham, UK, is a substantial player in the watch industry, operating as a holding company with an active status. Established 24 years ago, the company employs 62 people and manages assets worth £24,468,334, generating an annual revenue of £32,247,760. It has three directors and one owner, and operates an e-commerce site with a 3.0 Google rating based on six reviews. The company regularly imports and exports clocks, watches, and their parts – a consistent pattern over 649 months of import activity and 331 months of export activity.

The company’s website highlights a focus on light-powered EcoDrive watches, offering a range of styles from classic to technology-driven designs. It emphasizes sustainability and precision, showcasing features like atomic timekeeping and moon phase displays. The site also promotes limited-edition collections and collaborations, including those with Disney, Marvel, and Star Wars. The website uses cookies to improve user experience, allowing for personalized shopping and tracking of preferences.

Financially, Citizen Watch UK Ltd demonstrates a mixed picture. While current assets remain stable at £24,000,000, deferred tax assets have significantly decreased by 57%, dropping to £280,000. Bank borrowings have increased by 2400%, reaching £29,000, and cash reserves have fallen 30% to £8,700,000. Creditors decreased by 18%, suggesting better debt management. The company's size – meeting two of three conditions for a large company – indicates a robust operation, but the decrease in deferred tax assets and cash reserves warrants attention. The company is not audited, relying on unaudited statements.

Overall, Citizen Watch UK Ltd appears to be a well-established business navigating the challenges of a competitive market. The company’s focus on innovation and sustainability, coupled with its e-commerce presence, positions it for continued success, but the financial trends suggest a need for careful monitoring and strategic adjustments.

Registered in England/Wales under the registration number 04104163, with a registered address at RG41 2PL, England, Wokingham, Berkshire, Citizen House, 7 Ashville Way.

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