Francis & Gaye Limited

Francis & Gaye Ltd, based in Coventry, UK, is a small, family-run business with an active status. Established 23 years ago, the company employs 32 people and holds assets valued at £2,878,499. It operates from a real address, has seven directors, and is owned by two individuals. The business runs an e-commerce site and regularly imports and exports clocks, watches, and their parts – 53 months of import activity and 30 months of export activity recorded.

The company's website showcases a wide selection of watches and jewellery, representing numerous brands like Ball Watch, Gucci, and Longines. It operates both physical stores in Coventry and Loughborough and an online store, offering in-house bespoke jewellery design and repair services. The site emphasizes its status as an official UK jeweller, guaranteeing genuine products with manufacturer warranties and secure payment options. It also offers financing options through V12 Retail Finance.

Financially, Francis & Gaye Ltd presents a mixed picture. While net assets remained steady at £1,500,000, bank borrowings increased significantly by 32%, reaching £1,700,000. Creditors also rose by 21%, reaching £970,000. Cash reserves, however, saw a substantial increase, soaring 830% to £270,000. Trade debtors decreased slightly, suggesting improved collection efforts. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it is exempt from an audit, so the figures are unaudited. The company’s continued growth in imports and exports, combined with the increase in cash reserves, suggests a healthy core business, but the rise in debt warrants monitoring.

Registered in England/Wales under the registration number 04250634, with a registered address at CV1 1QX, England, Coventry, Unit 18, 1st Floor West Orchards Shopping Centre.

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