The Vintage Watch Company Limited

The Vintage Watch Company Ltd: a small holding company, active status, founded 26 years ago, employs nine people, operates from a virtual address, and is managed by four directors and one owner. It holds a Google rating of 3.0 based on 95 reviews and regularly imports clocks, watches, and their parts—six months of import activity were recorded, with the most recent in April 2024.

The company’s website showcases a collection of vintage Rolex watches, with sections dedicated to men's and women's models, specific Rolex lines like Oyster and Stella, and a curated selection of exceptional pieces. It also features a "Birth Year" section, suggesting a personalized shopping experience. The site emphasizes a focus on vintage style and includes a wish list feature, alongside sales promotions offering 20% off.

Financially, The Vintage Watch Company Ltd presents a mixed picture. Accrued liabilities have dramatically increased by 2,900%, reaching £450,000, while cash bank on hand decreased by 30% to £520,000. Bank borrowings have also seen a significant shift, with an overdraft decreasing by 40% to £15,000. However, trade debtors have increased by 38%, reaching £140,000, and creditors have decreased by 34% to £590,000. Equity has also seen a substantial drop, decreasing by 16% to £4.1 million. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it doesn’s require an audit, and the figures are unaudited.

The company’s financial trends suggest it may be experiencing some cash flow challenges, despite a strong showing in sales. The increase in liabilities, coupled with the decrease in cash reserves, warrants closer monitoring. The significant drop in equity is also a cause for concern, although it could be due to various factors, such as investments or restructuring. The management team, with its four directors, will need to navigate these pressures while maintaining the company’s reputation for vintage watch expertise.

Registered in England/Wales under the registration number 03744031, with a registered address at N3 1XW, 35 Ballards Lane, London.

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