Watchfinder

Watchfinder is the market place for luxury watches in the UK. If you're interested in luxury watches, whether that's buying, selling, or just learning more about them, Watchfinder have what you need. Our expert staff will provide you with all the information you need to ensure you find what you're looking for.
Company Growth (employees)
Type
Private
HQ
Canterbury, GB
Founded
2001
Size (employees)
104 (est)
Watchfinder was founded in 2001 and is headquartered in Canterbury, GB

Watchfinder Office Locations

Watchfinder has an office in Canterbury
Canterbury, GB (HQ)
37 St Margaret's St

Watchfinder Financials and Metrics

Summary Metrics

Founding Date

2001

Total Funding

$10 m

Latest funding size

$10 m

Time since last funding

over 3 years

Investors

Watchfinder's latest funding round in September 2014 was reported to be $10 m. In total, Watchfinder has raised $10 m

Watchfinder Financials

Watchfinder's revenue was reported to be £60.8 m in FY, 2016 which is a 57% increase from the previous period.
GBP

Revenue (FY, 2016)

60.8 m

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

57%

Gross profit (FY, 2016)

10.1 m

Gross profit margin (FY, 2016), %

17%

Net income (FY, 2016)

2.5 m

Cash (31-Mar-2016)

58.2 k
GBPFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

16.2 m25.1 m38.7 m60.8 m

Revenue growth, %

55%54%57%

Cost of goods sold

13.5 m21.1 m32.3 m50.7 m

Gross profit

2.7 m4 m6.4 m10.1 m
GBPFY, 2014FY, 2015FY, 2016

Cash

474.1 k256 k58.2 k

Accounts Receivable

203.4 k169.7 k170.7 k

Current Assets

3.8 m9.8 m16.3 m

PP&E

178.1 k285.7 k486.6 k
GBPFY, 2014FY, 2015FY, 2016

Cash From Operating Activities

(318 k)(3.4 m)(3.2 m)

Cash From Financing Activities

1.1 m3.8 m4.4 m

Income Taxes Paid

(236.3 k)(390 k)(614.1 k)
GBPY, 2016

Revenue/Employee

1.1 m

Financial Leverage

2.1 x
Show all financial metrics

Watchfinder's Web-traffic and Trends

Watchfinder Online and Social Media Presence

Watchfinder News and Updates

Watchfinder adds seventh store to growing UK network

Pre-owned watch specialist now has five outlets in London along with doors in Leeds and Bluewater in Kent.

BREAKING NEWS: Watchfinder Leeds store raided for a second time

Company publishes full list of stolen watches and urges trade to look out for them being sold.

London jewellers hire special forces teams to protect shops and staff

Industry calls for concerted effort to improve traceability of stolen goods as a way to discourage violent raids.

Builders and waiters wrestle with gang attacking Watchfinder today

A gang of six people on mopeds tried to break into the pre-owned luxury watch shop on Avery Row near Bond Street today.

BREAKING NEWS: Watchfinder’s West End boutique attacked

Pre-owned watch specialist appears to have been attacked for a second time in four months.

Tour de France on ITV4 sponsorship boosted Watchfinder web traffic by 30%

The watch trading business says that 1.3 million people visited its website in July, an increase of 300,000.
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Watchfinder Company Life and Culture

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