Hertfordshire Horologists Limited

Hertfordshire Horologists Ltd from Thame UK: small company, active status, founded 24 years ago, 17 employees, £598,729 assets, virtual address, 3 directors, 2 owners, google rating 5.0 based on 2 reviews. Regular importer of clocks, watches, and their parts (4 months imported). 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 operates in the repair of watches, clocks and jewellery industries.

The business, which has been around since 2001, supports independent jewellers with its trade repair service. Hertfordshire Horologists Ltd has built a reputation for excellence and quality, blending British Horological Institute (BHI) approved practice with state-of-the-art equipment. Their website highlights specialist repairs for a variety of watch brands, including Omega, Tag Heuer, Longines, Tissot, Cartier, Rolex, Seiko, and Citizen. It's clear they are focused on providing a trusted and specialist repair service, and even offer battery reseals, glass replacement, and dial restoration.

Financially, Hertfordshire Horologists Ltd presents a mixed picture. While current assets have increased significantly to £600,000, a 66% growth, other indicators are concerning. Bank borrowings have increased to £3,200, and cash reserves have plummeted by 62% to just £16,000. Creditors have also risen considerably, jumping 46% to £180,000. On a positive note, the company’s equity has grown by 62% to £450,000. The company’s small size helps it stay agile, but the drop in cash reserves and the rise in debt raise questions about its financial health. There's no auditor mentioned, which is common for small companies. The company’s address is probably virtual as 158 companies registered at the same address.

Registered in England/Wales under the registration number 04183679, with a registered address at OX9 3EZ, England, Thame, Oxfordshire, 30 Upper High Street.

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