Watches Of Distinction Limited
- Small
- Active
- 18 years
- 4 employees
- £740,481 (assets)
- Real address
- 2 directors
- 1 owner
- Irregular importer
- Regular exporter
- 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
Summary
Watches Of Distinction Ltd, based in Sailsbury, UK, is a small, active company founded eighteen years ago. With four employees and £740,481 in assets, it’s a real business operating from a physical address, managed by two directors and two owners, including a solo founder. The company runs an e-commerce site and regularly exports clocks, watches, and their parts—eleven months of exports recorded—but imports are irregular, with just one month of activity noted.
The company’s website, saleswatchesofdistinction.com, showcases a curated selection of rare and prestigious wristwatches, emphasizing new arrivals, vintage pieces, and brand-specific collections like Rolex, Omega, and Tudor. It also features a blog with articles on watch investment, care, and history, and proudly sponsors British Superbike riders. The site’s design is clean and professional, with a focus on high-quality images and detailed product descriptions. The company even has a showroom in Lymington, Hampshire.
Financially, Watches Of Distinction Ltd’s report reveals some concerning trends. Cash reserves have fallen significantly, dropping 40% to £19,000. Current assets have also decreased by 12%, reaching £740,000. Trade debtors have increased by a substantial 47%, to £84,000, which could indicate difficulties in collecting payments. On a positive note, creditors have decreased by 12%, suggesting improved debt management. The company’s size—meeting two of three criteria for a small company—allows for flexibility, but the decline in cash and assets warrants attention. The report is unaudited, as is common for small companies, and no auditor is mentioned. It seems like they are doing well with sales, but need to keep an eye on their cashflow.
Registered in England/Wales under the registration number 06007637, with a registered address at SP1 2DR, Sailsbury, 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.
Owners & PSC
-
Individual
- 9 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 3 years
- 1
-
Resident of United Kingdom
-
Individual
- 18 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted six months ago.
Last news
-
Confirmation statement made on 2024-11-23 with updatesDownload 5 pages pdf report
-
Memorandum and Articles of AssociationDownload 3 pages pdf report
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ResolutionsDownload 1 page pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Watches Of Distinction Limited
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