Penman Clockcare (uk) Limited

Penman Clockcare (uk) Limited, based in Spalding, Lincolnshire, is a small, active company established 22 years ago. With four employees and £85,095 in assets, it operates from a virtual address – registered at a location shared by twenty other companies – and is led by a single director and owner, Duce Catherine Louise. The business runs an e-commerce site and is rated 4.0 on Google based on forty reviews. It’s a specialist in the repair of watches, clocks, and jewellery, and also sells designer watches and jewellery.

The company’s website showcases a wide range of brands, from Anna Beck to Scream Pretty, and offers services like piercing, jewellery cleaning, and watch repairs. It also has a weddings section, highlighting engagement rings and wedding ring buying guides. The site's design is modern, with a focus on visual appeal and easy navigation. It’s clear Penman Clockcare is trying to appeal to a broad customer base, offering both high-end designer pieces and more affordable options.

Financially, Penman Clockcare’s recent performance shows some interesting trends. Creditors decreased by 14%, suggesting better debt management, and bank borrowings fell by 61%, which is a positive sign. However, net assets dropped by 88%, and cash reserves fell by 2%, which could indicate some financial strain. Accumulated amortisation and depreciation both increased significantly, by 25% and 24% respectively, which may reflect investment in new equipment or assets. The company’s small size – meeting two of three criteria for being a small company – allows for flexibility, but the decrease in equity is something to keep an eye on. No auditor is mentioned, which is common for small companies. The company's director remuneration remained steady at £11,000.

Registered in England/Wales under the registration number 04526958, with a registered address at PE11 1QD, Spalding, Lincolnshire, Albion House, 32 Pinchbeck Road.

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