Watch Guru Limited

Watch Guru Limited, based in Salisbury, UK, is a large company with an active status, having been incorporated twenty-seven years ago in February 1998. The company, which employs just four people, boasts significant assets of £14,989,311 and generates revenue of £11,085,469 annually. Despite its size, Watch Guru Limited operates from a virtual address, registered with fifty-four other companies, suggesting a shared workspace or mail forwarding service. The company is managed by three directors and has one owner, Bolt Tom, who is also the solo founder.

Watch Guru Limited specializes in the retail sale via mail order houses or via internet, and the other retail sale not in stores, stalls or markets. The company is an irregular importer of clocks, watches, and their parts, with just one month of imports recorded in 2021, but a regular exporter, with seventeen months of exports documented up to January 2025. The company's website, watchguruwatchguru.com, showcases a curated selection of vintage and modern watches, including a dedicated section for Rolex models, and highlights its expertise in watch restoration and sales. It also features blog posts discussing industry trends and personal anecdotes from the founder, like reminiscing about purchasing military submariners for under £1,000 decades ago.

Financially, Watch Guru Limited’s picture is mixed. While cash bank on hand increased by 4.2% to £4,100,000, net assets grew by a substantial 7.3% to £17,000,000. However, turnover revenue plummeted by 46% to £11,000,000, and net profit loss deepened to -£2,000,000. Creditors increased by 31%, suggesting a reliance on short-term financing. The company’s director remuneration increased by 100% to £13,000. With no auditor mentioned, the financial statements are unaudited.

The significant drop in turnover revenue, despite a rise in assets, could indicate shifting market conditions or increased competition in the watch market. The increased reliance on short-term financing might also signal challenges in managing cash flow. However, the company's expertise in vintage watches and its online presence could provide a competitive advantage in the long run.

Registered in England/Wales under the registration number 03510181, with a registered address at SP1 2DR, Salisbury, Wiltshire, Windover House, St Ann Street.

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