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.
Type
Private
HQ
Canterbury, GB
Founded
2001
Size (employees)
119 (est)+4%
Watchfinder was founded in 2001 and is headquartered in Canterbury, GB
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Watchfinder Office Locations

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

Summary Metrics

Founding Date

2001

Total Funding

$10 m

Latest funding size

$10 m

Time since last funding

4 years ago

Investors

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

Watchfinder's revenue was reported to be £86.65 m in FY, 2017
GBP

Revenue (FY, 2017)

86.7 m

Gross profit (FY, 2017)

15 m

Gross profit margin (FY, 2017), %

17.3%

Net income (FY, 2017)

4.2 m

EBITDA (FY, 2017)

5.8 m

EBIT (FY, 2017)

5.5 m

Cash (31-Mar-2017)

955.2 k
GBPFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

16.2 m25.1 m38.7 m60.8 m86.7 m

Revenue growth, %

55%54%57%

Cost of goods sold

13.5 m21.1 m32.3 m50.7 m71.7 m

Gross profit

2.7 m4 m6.4 m10.1 m15 m
GBPFY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

128 k79.8 k239.1 k155.3 k49.1 k297.8 k474.1 k256 k58.2 k955.2 k

Accounts Receivable

76.2 k227.1 k148.7 k260.6 k242.3 k167.9 k203.4 k169.7 k170.7 k220.9 k

Inventories

242.8 k303.8 k545.1 k661.1 k1.2 m1.6 m3 m9.2 m15.8 m23.8 m

Current Assets

447.1 k610.7 k932.9 k1.1 m1.5 m2.2 m3.8 m9.8 m16.3 m25.4 m
GBPFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

386.7 k761.6 k1.4 m2.5 m4.2 m

Cash From Operating Activities

(318 k)(3.4 m)(3.2 m)(1.9 m)

Dividends Paid

98.4 k219.9 k49.1 k

Cash From Financing Activities

1.1 m3.8 m4.4 m4.2 m
GBPY, 2017

Revenue/Employee

1.2 m

Financial Leverage

2.1 x
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Watchfinder News and Updates

New-look visual merchandising unveiled by Watchfinder

Watchfinder has overhauled its visual merchandising in six boutique stores. Posted via Industry Today. Follow us on Twitter @IndustryToday

EXCLUSIVE: STATE OF THE NATION’S TOP 10 UK WATCH RETAILERS

Click to see how the UK's top 10 retail giants generated sales of £1.6 billion in their latest recorded financial year.

STATE OF THE NATION’S TOP 10 WATCH RETAILERS. No.4: Watchfinder

Pre-owned luxury watch specialist is proving there is cash in the attic for British watch lovers.

Watchfinder races to become Britain’s fourth largest watch retailing group

British pre-owned prestige watch business increases sales to over £86 million.

THE BIG INTERVIEW: Danny Govberg gives his view of what American watch retailers can teach the world

CEO of traditional jeweller Govberg and digital pre-owned business Watchbox says Swiss watch industry needs to prepare for a tsunami.

Watchfinder earns a place on Fast Track 100 list for third consecutive year

Growth has accelerated this calendar year, with the company saying its annual turnover is now in excess of £120 million.
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