Clock Emporium Limited

Clock Emporium Limited, from Stockton-On-Tees UK, is a small company with an active status, founded 10 years ago. Confirmation is overdue by a year, and it currently employs just two people. The company operates from a virtual address, managed by one director and one owner, and holds a 3.0 Google rating based on two reviews. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

The company specializes in retail sales via mail order houses or via internet, with a focus on clock repair services. Its registered address is TS21 3AT, England, Stockton-On-Tees, Cleveland, 4a Front Street, Sedgefield, but it’s likely a virtual address as nineteen companies share the same location. The company's website showcases a range of clocks and related services, suggesting an online presence. It’s not clear if they have a physical storefront.

Financially, Clock Emporium Limited presents a mixed picture. Accumulated depreciation impairment property plant equipment increased by 18%, but the average number of employees decreased by a significant 50% to just one. Bank borrowings remained steady, while cash bank on hand dipped slightly. Creditors stayed consistent, but equity took a sharp downturn, plummeting by 100% in retained earnings. Property plant equipment also decreased by 29%, though the increase from depreciation charge remained unchanged. The company’s small size helps it remain nimble, but the decline in equity is concerning. There is no auditor mentioned, likely due to the company’s exemption as a small entity.

The company's financial statements are unaudited, relying on director-reported data. While the company appears to be operating, the decrease in equity suggests it might be burning through money. The single director and owner likely manage all aspects of the business, which could be a challenge as the company grows.

Registered in England/Wales under the registration number 09064562, with a registered address at TS21 3AT, England, Stockton-On-Tees, Cleveland, 4a Front Street, Sedgefield.

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