W E Clark & Son Limited

We Clark And Son Limited is a small, active company based in East Sussex, UK, founded seventeen years ago in 2008. With six employees and £495,970 in assets, it operates from a real address in Lewes and is managed by six directors, including a solo founder, Clark David. The company runs an e-commerce site specializing in watch repair and restoration, offering services ranging from battery replacements to complete overhauls of vintage and luxury timepieces. It’s a fourth-generation family business, with a workshop and even a presence in Harrods, London, showcasing its expertise in museum-grade restorations.

The company’s website highlights its focus on high-end watch brands like Omega, Rolex, Tag Heuer, Longines, Breitling, and Tudor, catering to both local customers and those across the UK via its insured postal repair service. It’s a TAG Heuer Authorised Workshop, further solidifying its reputation for quality and expertise. The site also features a blog with articles on watch care and repair, demonstrating a commitment to customer education.

Financially, We Clark And Son Limited presents a mixed picture. While property, plant, and equipment increased by 4.9%, current assets remained stable at £500,000. However, net assets grew by a more substantial 5.6% to £990,000. Bank borrowings decreased slightly, falling 1.5% to £440,000, and cash reserves plummeted 67% to £14,000. Creditors decreased by 26%, which is a positive sign. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There is no auditor mentioned, which is typical for companies of this size.

The company’s reliance on skilled watchmakers, particularly its Master Watchmaker, is a key strength. However, the significant drop in cash reserves suggests a need for careful financial management. Despite these challenges, We Clark And Son Limited appears to be a well-established business with a strong reputation in the watch repair industry.

Registered in England/Wales under the registration number 06469094, with a registered address at BN7 2AF, East Sussex, 224 High Street, Lewes.

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