Marc Samuels Limited

Marc Samuels Limited, based in Worthing, UK, is a small, active company established eight years ago. With three employees and £603,475 in assets, it operates a real address and is led by two directors and one owner. The company’s core business involves retail sale of watches and jewellery in specialised stores, and it maintains an e-commerce site. It’s also an irregular importer of iron or steel products, with just one month of import activity recorded in 2022.

The company's website, Marc Samuels Jewelers, showcases a wide range of diamond jewelry, engagement rings, and luxury watches, including brands like Franck Muller, Rado, and Rolex. It operates two physical stores in Texas, offering services like watch restoration and pre-owned watch sales. The site emphasizes high-quality inventory and personalized customer service, with a focus on both new and pre-owned luxury items.

Financially, Marc Samuels Limited shows some concerning trends. While current assets increased slightly to £600,000, net assets rose by 23% to £470,000, which is a good sign. However, cash bank on hand decreased by 4.2% to £230,000. Trade debtors increased significantly by 520%, reaching £10,000, which could indicate difficulties in collecting payments. Loans from directors decreased by 53%, which is positive, but creditors also increased by 21% to £70,000. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The accounts are unaudited, and no auditor is mentioned, which is typical for small companies.

Overall, Marc Samuels Limited appears to be navigating a period of change. While its retail operations seem vibrant, the increase in debtors and creditors suggests a need for careful financial management.

Registered in England/Wales under the registration number 10274174, with a registered address at BN13 2AD, England, Worthing, 1 The Glen.

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