Watch Shop

Watch Shop is an official stockist for all watch brands listed on our website. Established in 1991, Watch Shop is a leading retailer of brand name designer watches, and is also the UK's most visited independent watch website. We pride ourselves on having one of the most efficient shopping systems available with communication at every stage to inform you of your order status, as well as excellent 7-days sales, customer service and support team who are glad to assist you with any enquiry or problem, should one arise. We hold massive stock levels in our high security climate controlled warehouse, and display the stock level of each item on our website, so you can be sure that the product you are purchasing is in stock and available for immediate despatch. Buy from Watch Shop with confidence: as an official stockist for all brands, all watches purchased from us are provided with the official manufacturer's guarantee.
Company Growth (employees)
Type
Private
HQ
Reading, GB
Founded
1991
Size (employees)
81 (est)-1%
Watch Shop was founded in 1991 and is headquartered in Reading, GB

Watch Shop Office Locations

Watch Shop has an office in Reading
Reading, GB (HQ)
27 Cross St

Watch Shop Data and Metrics

Summary Metrics

Founding Date

1991

Watch Shop Financial Metrics

Watch Shop's revenue was reported to be £45.2 m in FY, 2016 which is a 88% decrease from the previous period.
GBP

Revenue (FY, 2016)

45.2 m

Revenue growth (FY, 2015 - FY, 2016), %

10%

Gross profit (FY, 2016)

18 m

Gross profit margin (FY, 2016), %

40%

Net income (FY, 2016)

2.6 m

Cash (01-May-2016)

17 m
GBPFY, 2014FY, 2015FY, 2016

Revenue

30.4 m369.2 m45.2 m

Revenue growth, %

10%

Cost of goods sold

17.3 m343.5 m27.2 m

Gross profit

13.1 m25.7 m18 m

Gross profit Margin, %

43%7%40%

Operating expense total

8.6 m15.7 m13.8 m

Pre tax profit

2.7 m4.8 m4.5 m

Net Income

3 m2.9 m2.6 m
GBPFY, 2015FY, 2016

Cash

17 m

Accounts Receivable

4 m4.8 m

Current Assets

158.9 m196.1 m

PP&E

97.5 m108.5 m

Goodwill

3.1 m5.4 m

Total Assets

259.4 m310 m

Accounts Payable

33.2 m49.2 m

Current Liabilities

119.7 m166.7 m

Total Liabilities

132.8 m181.8 m

Retained Earnings

2.9 m2.6 m

Total Equity

126.7 m128.2 m

Financial Leverage

2 x2.4 x
GBPFY, 2015FY, 2016

Income Taxes Paid

(1.9 m)(2 m)
Y, 2016

Financial Leverage

2.4 x

Watch Shop Online and Social Media Presence

Watch Shop News and Updates

Watch Shop Company Life and Culture

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