Watch Home Ltd
- Small
- Active
- 3 years
- 1 employee
- £9,798 (assets)
- Virtual address
- 1 director
- 1 owner
- Irregular importer
- Solo founder
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Phones
Summary
Watch Home Ltd, based in London, UK, is a small, active company founded three years ago. It's a solo venture with one director and owner, operating an e-commerce site and employing just one person. The company holds £9,798 in assets and uses a virtual address, shared by 1784 other companies. It's an irregular importer, primarily dealing in clocks, watches, and their parts, with just two months of import activity recorded in the past year.
The company's website, Top Watch Brands, presents itself as a leading online store for watches, sunglasses, and jewellery. It offers a wide range of brands and styles, emphasizing free shipping and a 30-day money-back guarantee. The site’s design is clean and user-friendly, with a focus on showcasing products and encouraging sales. It's clear that Watch Home Ltd is aiming to be a go-to destination for watch enthusiasts.
Financially, Watch Home Ltd’s recent performance shows a mixed picture. Cash reserves have decreased significantly, dropping 96% to just £100, which is a big change. Bank borrowings have increased, rising to £600, and trade debtors are up 22% to £9,700. Creditors have decreased by 34%, which could be a positive sign of better debt management. The company’s net assets have increased by 130%, reaching £4,100, which is a good sign. However, the decrease in cash reserves is concerning. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the fluctuating financials suggest it’s navigating some challenges. No auditor is mentioned, likely due to the company's small size and exemption from an audit.
It seems Watch Home Ltd is trying to build a successful e-commerce business, but it’s facing some financial pressures. The company’s ability to maintain its growth and profitability will depend on its ability to manage its cash flow and attract new customers.
Registered in England/Wales under the registration number 13793997, with a registered address at E1 0SG, England, London, 5 Brayford Square.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Sapanciuc Egor
- 3 years
- 75%+
-
Resident of Turkey
Managers
-
Individual
- Savran Emre
- 3 years
-
Resident of Turkey
Last reports
The latest confirmation statement submitted three months ago.
Last news
-
Confirmation statement made on 2024-12-24 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-11-30Download 6 pages pdf report
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Total exemption full accounts made up to 2022-11-30Download 6 pages pdf report
Importer profile by HS codes
Last imported products
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FAQ about Watch Home Ltd
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