Wallace Allan Limited

Wallace Allan Ltd, a small company with an active status, has been a fixture in Ayr, Scotland, for 67 years. Founded in 1958, the business employs ten people and holds assets totaling £1,142,945. It operates a real address and is led by three directors and one owner, with a thriving e-commerce site and a stellar 5.0 Google rating based on 101 reviews. The company regularly imports clocks, watches, and their parts, with the last import operation recorded in February 2025.

Wallace Allan Ltd specializes in the retail sale of watches and jewellery, offering a wide selection from leading brands. Its website showcases a diverse range of products, from luxury watches to giftware, catering to both men and women. The site also features a blog with articles on watch buying guides and engagement ring stones, demonstrating a commitment to customer education. The company offers financing options and prides itself on expert watchmakers and jewellers.

Financially, Wallace Allan Ltd shows a mixed picture. While current assets increased by 21%, net assets only increased by 1.2% to £660,000. Bank borrowings decreased by 40% to £80,000, and cash reserves rose by 89% to £240. Creditors increased by 60%, suggesting a reliance on trade credit. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in creditors warrants attention. No auditor is mentioned, reflecting its exemption as a small company. The company's financial statements are unaudited.

The trends suggest a business that is growing but also managing increased costs. The focus on online sales and expert service positions Wallace Allan Ltd well for continued success, although careful monitoring of its financial health will be essential.

Registered in Scotland under the registration number SC033131, with a registered address at KA7 1LJ, 4 Newmarket Street, Ayr.

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