OverviewSuggest Edit

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.
TypePrivate
Founded2001
HQMaidstone, GB
Websitewatchfinder.co.uk
Employee Ratings3.7

Latest Updates

Employees (est.) (Apr 2021)187(+2%)
Revenue (FY, 2018)£109.3 M(+27%)
Cybersecurity ratingBMore

Watchfinder Office Locations

Watchfinder has offices in Maidstone and London
Maidstone, GB (HQ)
Invicta House
London, GB
Hill St, Mayfair
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Watchfinder Financials and Metrics

Summary Metrics

Founding Date

2001

Watchfinder total Funding

$10 m

Watchfinder latest funding size

$10 m

Time since last funding

7 years ago

Watchfinder 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 Revenue

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Watchfinder's revenue was reported to be £109.26 m in FY, 2018
GBP

Revenue (FY, 2018)

109.3m

Gross profit (FY, 2018)

18.5m

Gross profit margin (FY, 2018), %

16.9%

Net income (FY, 2018)

5.9m

EBITDA (FY, 2018)

7.7m

EBIT (FY, 2018)

7.5m

Cash (31-Mar-2018)

630.4k
GBPFY, 2004FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

1.1m16.2m25.1m38.7m60.8m86.7m109.3m

Revenue growth, %

55%54%57%

Cost of goods sold

938.3k13.5m21.1m32.3m50.7m71.7m90.8m

Gross profit

130.0k2.7m4.0m6.4m10.1m15.0m18.5m
GBPFY, 2003FY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

11.1k48.1k82.7k1.1k128.0k79.8k239.1k155.3k49.1k297.8k474.1k256.0k58.2k955.2k630.4k

Accounts Receivable

9.8k21.0k76.2k227.1k148.7k260.6k242.3k167.9k203.4k169.7k170.7k220.9k876.1k

Inventories

86.3k152.3k83.6k215.5k242.8k303.8k545.1k661.1k1.2m1.6m3.0m9.2m15.8m23.8m29.2m

Current Assets

2.0115.0k241.8k213.2k237.6k447.1k610.7k932.9k1.1m1.5m2.2m3.8m9.8m16.3m25.4m31.7m
GBPFY, 2004FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

11.1k386.7k761.6k1.4m2.5m4.2m5.9m

Cash From Operating Activities

(318.0k)(3.4m)(3.2m)(1.9m)1.6m

Dividends Paid

12.6k98.4k219.9k49.1k

Cash From Financing Activities

1.1m3.8m4.4m4.2m100.0k
GBPFY, 2003

Financial Leverage

1 x
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Watchfinder Cybersecurity Score

Cybersecurity ratingPremium dataset

B

84/100

SecurityScorecard logo

Watchfinder Online and Social Media Presence

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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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Watchfinder Frequently Asked Questions

  • When was Watchfinder founded?

    Watchfinder was founded in 2001.

  • How many employees does Watchfinder have?

    Watchfinder has 187 employees.

  • What is Watchfinder revenue?

    Latest Watchfinder annual revenue is £109.3 m.

  • What is Watchfinder revenue per employee?

    Latest Watchfinder revenue per employee is £584.3 k.

  • Who are Watchfinder competitors?

    Competitors of Watchfinder include Tiffany & Co., International Vintage Watch and Chrono24.

  • Where is Watchfinder headquarters?

    Watchfinder headquarters is located at Invicta House, Maidstone.

  • Where are Watchfinder offices?

    Watchfinder has offices in Maidstone and London.

  • How many offices does Watchfinder have?

    Watchfinder has 2 offices.