Swiss Ww Ltd

Swiss Ww Ltd from Braintree UK: a small, active company founded six years ago, holds £59,962 in assets, and operates from a real address. It's a solo founder operation led by one director and owner. The company is an irregular importer of clocks, watches, and their parts (just one month of imports recorded in 2023), but a regular exporter (twelve months of exports, most recently in October 2024) of the same items. It operates in the other retail sale not in stores, stalls or markets industries.

The company’s website, Swiss Watch Works, focuses on high-end watch polishing and restoration services. It specializes in Rolex, Audemars Piguet, and Patek Philippe timepieces, offering services like lapping, laser welding, and bracelet refurbishment. The site highlights expertise in restoring over-polished watches, even reviving clasps without replacement, and offers movement servicing and dial restoration. It also buys vintage watches and parts. The website gives the impression of a skilled, specialist business, rather than a high-volume retailer.

Financially, Swiss Ww Ltd shows a mixed picture. Current assets decreased by 14% to £60,000, while net assets also dropped by 3.2% to £32,000. Bank borrowings decreased by 46% to £12,000, a positive sign. However, other creditors surged by 230% to £5,000, which could indicate increased supplier payments or financing costs. Cash reserves also fell by 32% to £18,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, so the figures are unaudited.

The company's financial situation suggests it's not burning through money rapidly, but it’s not experiencing significant growth either. The watch polishing business seems to be the core operation, and the financial data hints at a steady, specialist enterprise rather than a fast-growing startup.

Registered in England/Wales under the registration number 11704287, with a registered address at CM7 5PG, England, Braintree, Essex, Unit 20 Sunnyfields Business Centre, Sunnyfields Road.

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