Fg Watch Group Ltd
- Small
- Active
- 9 years
- 2 employees
- £901,631 (assets)
- Real address
- 2 directors
- 2 owners
- Regular importer
- Irregular exporter
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Fg Watch Group Ltd, based in Winnersh, UK, is a small, active company founded nine years ago. With two employees and £901,631 in assets, it operates from a real address and is overseen by two directors and two owners. The company is a regular importer of clocks, watches, and their parts, with 35 months of import activity recorded, the latest in February 2025. It’s an irregular exporter of the same goods, with just one month of export activity in December 2020.
The company’s website, Marloe Watch Company, showcases a British designer and producer of mechanical watches. It emphasizes a "Time Well Spent" philosophy, offering a range of watches, accessories, and services, including trade repairs and servicing. The website also features a "Marketplace" for buying and selling used Marloe timepieces. The company’s website has a blog and a newsletter.
Financially, Fg Watch Group Ltd presents a mixed picture. Current assets decreased by 8.4% to £900,000, while net assets declined by 23% to £730,000. Bank borrowings vanished completely, a positive change, but cash reserves fell by 55% to £78,000. Creditors increased significantly, by 290%, reaching £220,000. Trade debtors also jumped, rising 110% to £450,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the sharp decline in equity suggests some financial pressure. No auditor is mentioned, which is typical for a small, exempt company.
The company’s website suggests a focus on quality and British craftsmanship, but the financial figures reveal a need to manage debt and maintain cash flow. Whether the company can sustain its growth and brand reputation remains to be seen.
Registered in England/Wales under the registration number 09810034, with a registered address at RG41 5RD, England, Winnersh, Berkshire, Arena, 100 Berkshire Place, Gf33.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 1
- 25%+
-
Resident of United Kingdom
-
Individual
- 9 years
- 1
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 9 years
- 1
-
Resident of United Kingdom
-
Individual
- 9 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eight months ago.
Last news
-
Confirmation statement made on 2024-09-20 with updatesDownload 61 pages pdf report
-
Total exemption full accounts made up to 2024-03-31Download 9 pages pdf report
-
Registered office address changed from Unit 4 City Limits Danehill Reading Berkshire RG6 4UP England to Arena 100 Berkshire Place, Gf33 Winnersh Berkshire RG41 5rd on 2024-09-10Download 1 page pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Fg Watch Group Ltd
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