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)
94 (est)+4%
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 Data and Metrics

Summary Metrics

Founding Date

2001

Total Funding

$10 m

Latest funding size

$10 m

Time since last funding

almost 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 Financial Metrics

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

Gross profit Margin, %

17%16%17%17%

Operating expense total

2.1 m2.9 m4.5 m6.8 m

Pre tax profit

997.9 k1.8 m3.1 m

Net Income

761.6 k1.4 m2.5 m
FY, 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

Total Assets

4 m10.1 m16.8 m

Accounts Payable

138.9 k567.2 k355.8 k

Current Liabilities

2 m4 m3.2 m

Retained Earnings

541.8 k1.3 m2.5 m

Total Equity

1 m5.6 m8 m

Financial Leverage

3.8 x1.8 x2.1 x
FY, 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)
Numbers are in £, GBPY, 2016

Revenue/Employee

1.1 m

Financial Leverage

2.1 x

Watchfinder Online and Social Media Presence

Watchfinder News and Updates

Watchfinder Company Life and Culture

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