Watches Of Knightsbridge Ltd

Watches Of Knightsbridge Ltd from London UK: a small, active company founded thirteen years ago in 2011, employs four people, and holds £1,113,188 in assets. It operates from a virtual address, managed by two directors and two owners, and is a family business. The company regularly imports clocks, watches, and their parts (for three months), and exports them (for 115 months).

The company's website showcases a curated selection of luxury watches, spanning brands like A. Lange & Söhne, Antiquarius, Asprey, Audemars Piguet, and many more. It appears to operate primarily as an auction house and dealer, with a strong emphasis on high-end timepieces. The site lists a wide range of models, from AirKings to YachtMasters, and offers a filterable catalog by year, model name, and attribute. It’s not a typical e-commerce site, but rather a platform for showcasing and selling watches through auctions and direct sales. The website also includes a section dedicated to trunks, antiques, and collectibles, suggesting a broader interest in luxury goods.

Financially, Watches Of Knightsbridge Ltd has experienced some challenges. Net assets have decreased significantly, dropping 75% to £26,000, and cash reserves have fallen 30% to £76,000. Bank borrowings have also seen a considerable reduction, decreasing 83% to £20,000. However, creditors have increased by 21% to £1,100,000. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the drop in equity is a cause for concern. It’s important to note that the accounts are unaudited, and no auditor is mentioned, which is typical for small companies.

The company’s focus on luxury watches and its family-run nature suggest a commitment to quality and personalized service. However, the financial data indicates a need for careful management to ensure long-term sustainability. It’s unclear whether the company’s import and export activities are contributing significantly to its revenue, but the focus on high-end timepieces suggests a niche market with potential for growth.

Registered in England/Wales under the registration number 07636851, with a registered address at SW3 6RD, England, London, Michelin House, 81 Fulham Road.

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