London Time Retail Limited

London Time Retail Ltd, based in London, UK, is a small, active company established eighteen years ago in 2007. Employing just three people, it holds £249,322 in assets and operates from a virtual address – twenty nine other companies are registered at the same location. The company is run by two directors and has one owner, Szymanska Barbara. It runs an e-commerce site and boasts a stellar 5.0 Google rating based on twenty nine reviews. It’s an irregular importer, primarily dealing in optical and medical tools and devices, with the latest import occurring in October 2024.

The company’s website, London Time Watches, showcases a curated selection of watches, sunglasses, and luxury accessories. It prominently features brands like Ingersoll, Dita, Burberry, Carrera, and Gucci, offering both new and sale items. The site also highlights a watch restoration service, catering to prestigious brands like Rolex, Omega, and Cartier. A physical store presence is noted at Westfield Shopping Centre in White City. The website also has a blog about watch restoration.

Financially, London Time Retail Ltd presents a mixed picture. Current assets increased by 14% to £250,000, but cash reserves plummeted 83% to just £3,300. Bank borrowings decreased by 17% to £27,000. Creditors also decreased by 17% to £980,000. Debtor’s increased by a significant 98% to £28,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the dramatic drop in cash reserves is a cause for concern. The company is exempt from an audit, so the figures are unaudited. The company’s net assets are -£700,000.

Registered in England/Wales under the registration number 06248677, with a registered address at N20 0TN, England, London, 27 Russell Road.

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