Watches Of Mayfair Limited

Watches Of Mayfair Ltd from London UK is a small, active company founded nine years ago in 2015. With eight employees and £1,017,886 in assets, it operates from a real address in Shepherd Market. The business, owned and directed by Zvarych Anton, runs an e-commerce site and has earned a stellar 5.0 Google rating from 191 reviews. It’s a regular importer and exporter of clocks, watches, and their parts, with 243 months of import activity and 430 months of export activity recorded.

The company’s website, Watches Of Mayfair, specializes in the retail sale of watches and jewellery, both online and through mail order. It’s a niche operation, catering to a discerning clientele. While the site doesn't offer extensive details beyond product listings and contact information, it projects an image of quality and expertise.

Financially, Watches Of Mayfair Ltd presents a mixed picture. Current assets decreased by 2.2% to £1,300,000, while net assets increased by 17% to £760,000. Bank borrowings decreased by 45% to £120,000, and cash reserves fell by 65% to £58,000. Creditors decreased by 20% to £580,000, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the drop in cash reserves warrants a closer look. No auditor is mentioned, likely due to the company's small size and exemption from an audit.

Overall, Watches Of Mayfair Ltd seems to be holding its own, but the fluctuating cash position suggests it may be burning through money a little faster than it’s bringing it in. The company’s strong Google rating and active import/export activity are encouraging signs, but careful financial management will be key to its long-term success.

Registered in England/Wales under the registration number 09617259, with a registered address at W1J 7PQ, England, London, 13 Shepherd Market.

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