Mr Jones Design Limited

Mr Jones Design Ltd from London UK: a small, active company founded seventeen years ago, employs twenty-four people, and holds £686,069 in assets. With a real address and two directors, it's a solo-founder operation running a successful e-commerce site, boasting a stellar 5.0 Google rating from 168 reviews. The company regularly imports and exports clocks, watches, and their parts—nineteen months of imports and sixty months of exports recorded.

The company's website, Mr Jones Watches, showcases unique and unusual watches, emphasizing handmade craftsmanship and artistic collaborations. The site offers a wide range of sizes, mechanisms, and price points, catering to diverse tastes. It also highlights vintage collections, gilded watches, and collaborations with luxury brands like Christopher Ward. The site is well-designed and user-friendly, with clear navigation and engaging content. It’s clear they are trying to stand out from the crowd.

Financially, Mr Jones Design Ltd presents a mixed picture. While current assets grew by 24% to £690,000, equity dropped significantly, falling 100% to zero—a notable shift. Bank borrowings increased by 480%, reaching £1,000,000, and cash reserves decreased by 78%, leaving just £73,000. Creditors also increased, rising 16% to £460,000. 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 agility, but the equity decline is concerning. No auditor is mentioned, which is likely due to the company being exempt as a small company.

Overall, Mr Jones Design Ltd appears to be a thriving e-commerce business with a strong brand identity and loyal customer base, but the financial data suggests it may be burning through cash faster than it's generating revenue. It's a business that is probably working hard, and it’s unclear if the increased borrowing is a short-term strategy or a sign of deeper issues.

Registered in England/Wales under the registration number 06528758, with a registered address at SE23 3HN, England, London, 61 Dartmouth Road.

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