Certified Watches LtdDissolved
Registered name: CERTIFIED WATCHES LTD
Certified Watches Ltd made £97.9k revenue and £1.7k profit in the year to 31 Aug 2024.
Certified Watches Ltd’s revenue fell 47% to £97.9k in the year to 31 Aug 2024, with £1.7k profit and 5 employees. We hold 3 years of its filed accounts. It is no longer on the Companies House register.
- Status
- Dissolved
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Aug 2022 | 31 Aug 2023 | 31 Aug 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £83.5k | £186k | £97.9k |
| Cost of sales | £58.4k | £127k | £47.1k |
| Gross profit | £25.1k | £58.7k | £50.8k |
| Operating profit | −£1.4k | £1.3k | £1.7k |
| Profit before tax | −£1.4k | £1.3k | £1.7k |
| Profit after tax | −£1.4k | £1.3k | £1.7k |
| Profit (best available) | −£1.4k | £1.3k | £1.7k |
| Employees (average) | 5 | 5 | 5 |
| Ratios | |||
| Profit margin | −1.7% | 0.7% | 1.7% |
| Gross margin | 30.1% | 31.6% | 51.9% |
| Revenue per employee | £16.7k | £37.2k | £19.6k |
| Profit per employee | −£284 | £265 | £341 |
| Growth (year on year) | |||
| Revenue growth | — | ▲122.5% | ▼47.3% |
| Profit growth | — | — | ▲28.9% |
| Headcount growth | — | 0% | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £6 | £1.3k | £3k |
| Net assets | £6 | £1.3k | £3k |
| Current assets | £6 | £1.3k | £3k |
| Source | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2025 |
How the business works
- Profit margin
- 1.7%
- Profit ÷ revenue.
- Gross margin
- 51.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £19.6k
- Revenue ÷ average employees.
- Profit per employee
- £341
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲129%
- Now £3k
- Cash at bank
- ▲129%
- Now £3k
- Headcount
- 0%
- Now 5
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 31 Aug 2024 (profit £1.7k), from the Companies House accounts bulk data published May 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.