Watchstatus Ltd
- Micro
- Active
- 5 years
- 1 employee
- £87,238 (assets)
- Real address
- 1 director
- 1 owner
- Regular importer
- Solo founder
- E-commerce
Two conditions of three:
1.Turnover < £632,000
2.Balance sheet total < £316,000
3.Average number of employees < 10
Field of Operation
Website
Summary
Watchstatus Ltd, based in Horsham, UK, is a small, active e-commerce business founded five years ago. With a single employee and £59,567 in assets, it’s a solo founder operation managed by one director and owner. The company imports clocks, watches, and their parts regularly—seven months of import activity recorded, the last in February 2025—and operates a website showcasing a wide range of designer watches and sunglasses.
The Watchstatus Ltd website is a fully functional e-commerce platform. It prominently features brands like Burberry, Gucci, and Tissot, offering both men's and women's watches and sunglasses. The site emphasizes free next-day delivery, installment payment options (ClearPay/Klarna), and boasts excellent TrustPilot reviews. It also includes detailed product descriptions, a blog with watch guides, and a dedicated section for clearance items. A physical store in Horsham is also mentioned, suggesting a blend of online and offline retail.
Financially, Watchstatus Ltd's report reveals a mixed picture. Current assets have decreased by 24% to £60,000, while net assets have plummeted 100% to -£730. Creditors have increased significantly by 89% to £62,000, and trade debtors have risen by an impressive 850% to £950. Cash bank on hand has also fallen by 22% to £21,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the sharp decline in equity is concerning. No auditor is mentioned, which is typical for small companies.
Overall, Watchstatus Ltd appears to be navigating a challenging financial landscape. While its e-commerce platform and brand offerings seem well-developed, the company needs to address its declining equity and manage its increasing liabilities to ensure long-term sustainability.
Registered in England/Wales under the registration number 12155712, with a registered address at RH12 1DG, England, Horsham, West Sussex, Status Group, 4 Park Place.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 5 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 5 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Micro company accounts made up to 2024-08-31Download 2 pages pdf report
-
Registered office address changed from Southpoint Old Brighton Road Crawley RH11 0PR England to Status Group 4 Park Place Horsham West Sussex RH12 1DG on 2025-05-14Download 1 page pdf report
-
Director's details changed for Mr Jordan William Woodhams on 2025-05-08Download 2 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Watchstatus Ltd
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