SOURCE WATCHES LIMITED
ActiveKey figures
Like most small UK companies, SOURCE WATCHES LIMITED does not publish a profit and loss account in its latest accounts. The figures below come from the balance sheet.
Ratios
2024/25Sector comparison
SIC 46480Where the company stands among the 2,047 active companies whose first SIC code is 46480 (Wholesale of watches and jewellery).
- THE SWATCH GROUP (UK) LIMITED£233.3m
- PANDORA JEWELLERY UK LIMITED£80.7m
- NIVODA LIMITED£32.9m
- TIME PRODUCTS LUXURY LIMITED£31.7m
- INTERNATIONAL BULLION AND METAL BROKERS (LONDON) LIMITED£30.6m
- TIME PRODUCTS (UK) LIMITED£21.2m
- H.O.B. HOUSE OF BRANDS UK LIMITED£15.2m
- A & A TRADING (U.K.) LIMITED£12.9m
- CASIO ELECTRONICS CO. LIMITED£11.2m
- MOVADO GROUP UK LIMITED£10m
Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 2,047. The line on each bar marks the median.
Summary: SOURCE WATCHES LIMITED
What kind of company is it?
SOURCE WATCHES LIMITED is a private limited company registered with Companies House under company number 05851864. It was incorporated on 20 Jun 2006. Its status is active. The registered office is in Sutton coldfield (B72). Its nature of business (SIC 2007) is wholesale of watches and jewellery (46480).
How is the company doing financially?
The latest accounts in the database are for 2024/25 (period ending 30 Jun 2025); the company files micro-entity accounts. Net assets were £74,909, down 4.3% on the previous year. The company had an average of 1 employee. Figures are available for 5 financial years (2019/20–2024/25).
How does it compare with similar companies?
Compared with 2,047 active companies whose first SIC code is 46480: By net assets it ranks higher than 71% of them (median £8,153). By total assets it ranks higher than 62% of them (median £79,070). By number of employees it is around the median of them (1). It is older than 89% of them (median age 3.8 years).
What do public registers and reports show?
HMRC lists it as an importer of goods, mainly clocks and watches.
Who runs and controls the company?
The company has 1 current director. One person with significant control is registered. 2 of 2 registered charges are outstanding.
When are its next filings due?
The next accounts are due by 31 Mar 2027. The next confirmation statement is due by 12 Aug 2027.
Filed accounts2019/20–2024/25
| 2019/20 | 2020/21 | 2021/22 | 2023/24 | 2024/25 | |
|---|---|---|---|---|---|
| Total assets | 136,142 | 123,126 | 110,813 | 223,369 | 183,278 |
| Total liabilities | — | — | — | — | — |
| Net assets / total equity | 13,739 | 17,777 | 30,881 | 78,310 | 74,909 |
| Average number of employees | 2 | 2 | 2 | 2 | 1 |
A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.
Registers and licences
Listed by HMRC as an importer of goods in 1 of the last 12 months on record, most recently September 2025. Main goods: clocks and watches.
From HMRC's monthly lists of importers and exporters. Traders can ask to be left off the lists, so absence does not mean a company does not trade.
Sources: Charity Commission for England and Wales, Care Quality Commission, Home Office and HM Revenue & Customs, under the Open Government Licence v3.0. Entries marked ‡ come from lists that do not state a company number and were linked by an exact match on the registered name.
History
12 events- Financial year 2024/25 endedAccounts: net assets £74.9k, 1 employee
- Financial year 2023/24 endedAccounts: net assets £78.3k, 2 employees
- Financial year 2021/22 endedAccounts: net assets £30.9k, 2 employees
- Financial year 2020/21 endedAccounts: net assets £17.8k, 2 employees
- Financial year 2019/20 endedAccounts: net assets £13.7k, 2 employees
- Ms Annette Allen registered as a person with significant control
- Robin ALLEN resignedDirector
- Robin ALLEN resignedSecretary
Earlier events (4)
- Robin ALLEN appointedDirector
- Annette ALLEN appointedDirector
- Robin ALLEN appointedSecretary
- Company incorporatedPrivate limited company
Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current persons with significant control, and the end of each financial year with figures in the database. Former persons with significant control are not listed.