First Class Watches Limited

First Class Watches Ltd from Warwickshire UK: a small holding company with an active status, was founded 18 years ago. The company employs 12 people and holds £3,748,187 in assets, operating from a real address with two directors and one owner. It runs an e-commerce site and enjoys a stellar Google rating of 5.0 based on 568 reviews. Regularly importing and exporting clocks, watches, and their parts—87 months of imports and 55 months of exports—the company operates in the retail sale via mail order houses or via internet industries.

The company’s website showcases a diverse selection of watches and related accessories, emphasizing quality and customer service. While the site doesn't offer detailed information about the company's history or team, it highlights a commitment to providing a seamless online shopping experience. The site is well-designed and easy to navigate, suggesting a focus on modern e-commerce best practices.

Financially, First Class Watches Ltd presents a mixed picture. While current assets increased slightly by 7.1% to £3,700,000, cash reserves experienced a significant drop of 47% to £310,000. Trade debtors have risen dramatically by 120%, which could indicate increased sales but also potential challenges in collecting payments. Equity remained relatively stable, increasing by a modest 1.8% to £490,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in cash reserves warrants attention. With no auditor mentioned (likely exempt as a small company), the figures are based on unaudited statements.

Overall, First Class Watches Ltd appears to be navigating a period of change. While sales seem to be growing, managing cash flow and ensuring timely payments will be crucial for its continued success. The company’s strong online presence and positive customer reviews provide a solid foundation for future growth, but careful financial management will be essential.

Registered in England/Wales under the registration number 06197115, with a registered address at CV8 1HD, Warwickshire, 9 Warwick Road, Kenilworth.

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