Kartel Watches Limited

Kartel Watches Ltd, based in St. Andrews, UK, is a small, active company founded eight years ago. Employing eight people and holding £158,652 in assets, it operates a real address and is led by two directors and one owner. The company’s e-commerce site enjoys a stellar 5.0 Google rating based on 64 reviews, and it regularly imports clocks, watches, and their parts – the latest import activity recorded in November 2024.

Kartel Watches’ website showcases a range of watches, clothing, accessories, and gift cards, with a focus on stylish designs and a premium experience. It even has a physical presence with stores in London, St. Andrews, and Edinburgh. The site’s “InStore” section encourages customers to visit these locations, highlighting a blend of online and offline retail. The company also offers sunglasses, with a collection inspired by European streets. Customer service is a priority, boasting a 4.9-star rating.

Financially, Kartel Watches Ltd shows a mixed picture. Cash reserves decreased by 2.1% to £29,000, while bank borrowings were reduced by 40% to £15,000. Creditors were also reduced by 40% to £15,000. However, net assets increased significantly by 190% to £69,000, and trade debtors increased by 29% to £19,000. 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 nimble, but the increase in debtors could indicate potential cash flow issues. As a small company, it’s likely exempt from an audit, so the financial statements are unaudited. The company’s success hinges on maintaining its high Google rating and managing its finances effectively, although the increase in trade debtors is something to keep an eye on.

Registered in Scotland under the registration number SC542885, with a registered address at KY16 9NW, Scotland, St. Andrews, 9 Church Street.

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