The Chrono Duo Limited

The Chrono Duo Ltd from Reading, UK, is a small, active company founded eight years ago. With two employees and £69,984 in assets, it operates an e-commerce site specializing in the sale of vintage watches. The company has two directors and two owners, and its registered address is real, with only one other company registered there. It’s an irregular exporter of clocks, watches, and their parts, with one month of export activity recorded.

The Chrono Duo’s website showcases a curated selection of pre-owned watches from the latter half of the 20th century, including iconic brands like Rolex, Patek Philippe, and Omega. It’s not just a retail site; it’s a passion project, emphasizing the stories and history behind each timepiece. The site also features a blog with advice on collecting and regular updates on new arrivals.

Financially, the company is showing some concerning trends. While turnover decreased by 63%, dropping to £37,000, cash reserves have fallen 45% to £11,000. Bank borrowings have also decreased, but operating profit has plummeted to -£11,000. Depreciation on plant and machinery has increased, and administrative expenses have decreased slightly. It’s worth noting that the company is small, meeting two of three conditions for a small company, and is exempt from an audit. The unaudited financial statements rely on director-reported data.

The company’s irregular export activity suggests a focus on niche markets and potentially limited production. Whether the company can sustain its operations and continue to grow remains to be seen, but its passion for vintage watches and its online presence give it a unique appeal.

Registered in England/Wales under the registration number 10375406, with a registered address at RG10 0HJ, England, Reading, Waltham Lodge Nut Lane, Waltham St. Lawrence.

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