Scurfa Ltd

Scurfa Ltd from Sunderland UK: a small, active company founded eleven years ago, employs two people, and holds £202,587 in assets. It's a family business with two directors and owners, operating from a real address. The company regularly imports clocks, watches, and their parts (14 months), and occasionally exports them (1 month). It’s a wholesale business focused on watches and jewellery.

The company’s website, Scurfa Watches, showcases a range of reliable timepieces designed for divers, including the popular Diver One model available in stainless steel and titanium. The site highlights a commitment to British craftsmanship and offers worldwide delivery. It's clear the company is focused on direct-to-consumer sales through its online store, with a focus on high-quality, functional watches. They’re also actively promoting their products via social media and email marketing.

Financially, Scurfa Ltd shows some interesting trends. Cash reserves have increased significantly, jumping 140% to £160,000, which is a positive sign. However, net assets also increased by 88% to £120,000, suggesting retained earnings are building up. Bank borrowings decreased by 21%, a good indicator of improved debt management. Creditors also decreased by 21%, further supporting this. Raw materials increased by 61% to £40,000, which could indicate preparations for increased production or a build-up of stock. It’s a small company, meeting two of three conditions for classification (turnover under £10.2m, assets under £5.1m, fewer than 50 employees). There's no auditor mentioned, so the accounts are unaudited.

Overall, Scurfa Ltd seems to be in a relatively healthy position, with growing cash reserves and improved debt management. The increased raw materials could be a sign of future growth, but it’s important to monitor the company’s performance in the coming months. The company is clearly focused on building a strong brand and delivering quality products directly to customers.

Registered in England/Wales under the registration number 08611207, with a registered address at SR6 7XB, Sunderland, Tyne And Wear, 11 Sunniside Lane, Cleadon.

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