Robert Gatward Jewellers Limited

Robert Gatward Jewellers Limited, based in Hungerford, UK, is a large, active family business established 14 years ago. Employing 38 people, the company boasts significant assets of £12,291,508 and generates £16,173,692 in yearly revenue. While operating from a virtual address (with 42 other companies registered at the same location), it's a well-established retailer with two directors and two owners. The business runs an e-commerce site and occasionally exports clocks, watches, and their parts—though only for a month in 2019.

The company specializes in luxury watches and bespoke diamond jewellery, showcasing a wide range of brands like Rolex, Breitling, and Omega. Its website offers a comprehensive selection, from engagement rings to wedding bands, and caters to both men and women. It even provides laboratory-grown diamond options, reflecting a modern approach to the jewellery market. The website also highlights a workshop service, accredited to maintain high-end watch brands, which is a nice touch.

Financially, Robert Gatward Jewellers Limited presents a mixed picture. While turnover increased by 27%, net assets increased by 23%, and bank borrowings increased by 10%, cash reserves decreased by 14%. Creditors decreased by 10%, suggesting better debt management. Accumulated amortisation impairment intangible assets increased by 11%, and depreciation ammortisation expense increased by 100%. The company’s size (meeting two of three conditions for a large company) suggests a robust operation, but the increase in intangible asset amortisation could be a sign of investments in brand building or acquisitions. The company is audited by UHY Ross Brooke, which adds a layer of assurance to the financial statements.

Overall, Robert Gatward Jewellers Limited appears to be a thriving business navigating the challenges of a competitive market. Its focus on luxury goods, online presence, and skilled workshop services position it well for continued success, though close monitoring of intangible asset management will be key.

Registered in England/Wales under the registration number 07568606, with a registered address at RG17 0EJ, Hungerford, Berkshire, 31a Charnham Street.

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