Rotary Watches Limited
- Small
- Holding
- Active
- 24 years
- Accounts overdue 4 months
- 46 employees
- £15,429,932 (assets)
- Real address
- 6 directors
- 1 owner
- Regular importer
- Regular exporter
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Rotary Watches Ltd from London UK: a small company holding company with an active status, was founded 24 years ago. Accounts are currently overdue by three months, and the company employs 46 people. With £15,429,932 in assets, it operates from a real address and is managed by six directors and one owner. Rotary Watches regularly imports and exports clocks, watches, and their parts—301 months of imports and 190 months of exports recorded.
The company's website showcases a wide range of watches, from classic designs to modern styles, available for purchase online. It's clear they’re focused on e-commerce, with a user-friendly site and a blog featuring articles on watch care and trends. They even have a section dedicated to ambassador programmes, suggesting a focus on brand building. The site also highlights 21-year warranties and finance options, indicating an effort to attract and retain customers.
Financially, Rotary Watches Ltd presents a mixed picture. While current assets remain steady at £15,429,932, bank borrowings increased by 13% to £29,000. Cash reserves decreased by 17% to £730,000. Creditors also increased by 11% to £12,000,000, which could be due to increased stock levels to meet demand. The company's small size—meeting two of three criteria for being small—allows for flexibility, but the increase in debt warrants attention. No auditor is mentioned, as is typical for small companies.
Overall, Rotary Watches Ltd appears to be a well-established business navigating the challenges of a competitive market. The company's focus on online sales and customer service, combined with a strong brand heritage, suggests potential for continued growth, but the increase in debt needs to be monitored closely.
Registered in England/Wales under the registration number 04109554, with a registered address at EC1R 0AT, England, London, Clerkenwell Close Unit 3, 3rd Floor, Clerkenwell Workshops, 27 - 31 Clerkenwell Close.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- The Dreyfuss Group Ltd
- 9 years
- 5
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Ho Wai Man
- 6 months
- 1
-
Individual
- Lyu Jun
- 5 years
- 5
-
Resident of Switzerland
-
Individual
- Lam Ming
- 11 years
- 6
-
Resident of China
-
Individual
- Lam Lai
- 11 years
- 1
-
Individual
- Hon Kwok Lung
- 11 years
- 6
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Compulsory strike-off action has been discontinuedDownload 1 page pdf report
-
First Gazette notice for compulsory strike-offDownload 1 page pdf report
-
Termination of appointment of Chi Wah Fong as a director on 2024-11-11Download 1 page pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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Similar exporters
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FAQ about Rotary Watches Limited
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