The Watch Hub Ltd

The Watch Hub Ltd from Chesterfield UK: a small company with an active status, founded 7 years ago, holds £2,479 in assets, operates from a real address, and is led by one director and owner—a solo founder. It maintains a 3.0 Google rating based on 23 reviews.

The Watch Hub Ltd specializes in watch repair and related services, offering battery replacements, resealing, and full overhauls. Its website clearly positions it as a specialist, not an ecommerce store. Customers can send their watches via a secure postal service for assessment and repair, with various options available, including free estimates. The company caters to all makes and models, emphasizing high-quality repairs at affordable prices and within reasonable timeframes. It's a small specialist watch repair company aiming to complete high quality repairs at affordable prices and within a time frame that works for you.

Financially, The Watch Hub Ltd’s situation is a bit concerning. Current assets have plummeted by a whopping 64%, dropping to just £2,500. Bank borrowings have also decreased by 35%, and cash reserves have fallen 19%. Creditors have also decreased by 35%, but the sharp decline in assets and cash is a red flag. The company’s small size—meeting two of three criteria for a small company—helps it stay flexible, but the significant drop in equity suggests it's burning through cash. The company's accounts are unaudited and filed as "filleted accounts"—a common practice for small companies exempt from a full audit. It's likely that the company has been struggling to maintain a healthy cash flow.

Registered in England/Wales under the registration number 10878857, with a registered address at S45 9QW, England, Chesterfield, 35 Meadow Road, Clay Cross.

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