Tge Watches Ltd
Registered name: TGE WATCHES LTD
Tge Watches Ltd made £3.2m revenue and £355k profit in the year to 31 May 2026.
Tge Watches Ltd’s revenue grew 56% to £3.2m in the year to 31 May 2026, with £355k profit and 1 employee. The company is classified under “retail sale of watches and jewellery in specialised stores” and is based in Birmingham; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Birmingham, West Midlands
- Age
- 3 yrs · since 2023
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 May 2024 | 31 May 2025 | 31 May 2026 |
|---|---|---|---|
| Disclosure | Profit only | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £2m | £3.2m |
| Operating profit | −£13 | £370k | £474k |
| Profit before tax | −£13 | £370k | £474k |
| Profit after tax | −£13 | £277k | £355k |
| Profit (best available) | −£13 | £277k | £355k |
| Staff costs | — | £6.1k | £42.7k |
| Employees (average) | — | 1 | 1 |
| Ratios | |||
| Profit margin | — | 13.6% | 11.1% |
| Revenue per employee | — | £2m | £3.2m |
| Profit per employee | — | £277k | £355k |
| Growth (year on year) | |||
| Revenue growth | — | — | ▲56.1% |
| Profit growth | — | — | ▲28.1% |
| Headcount growth | — | — | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | — | £37.3k | £47.3k |
| Net assets | £100 | £277k | £597k |
| Fixed assets | — | £5.2k | £5.3k |
| Current assets | — | £769k | £1.7m |
| Debtors | — | £1.6k | £131k |
| Source | FullAccounts · bulk data Nov 2024 | AbridgedAccounts · bulk data Feb 2026 | AbridgedAccounts · bulk data Jun 2026 |
How the business works
- Profit margin
- 11.1%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £3.2m
- Revenue ÷ average employees.
- Profit per employee
- £355k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 4.1%
- 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
- ▲115%
- Now £597k
- Cash at bank
- ▲27%
- Now £47.3k
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- ▲2%
- Now £5.3k
Similar profitable businesses
- Century Galleries Jewellers LimitedBarnstaple · Retail sale of watches and jewellery in specialised stores
- Revenue
- £3.5m
- Profit
- £83k
- Staff
- 9
- Stone Jewellery LimitedLondon · Retail sale of watches and jewellery in specialised stores
- Revenue
- £1.9m
- Profit
- £124k
- Staff
- 4
- Ian Blowers Jewellers LimitedEast Yorkshire · Retail sale of watches and jewellery in specialised stores
- Revenue
- £7.6m
- Profit
- £217k
- Staff
- 7
- Browns Family Jewellers LimitedBarnsley · Retail sale of watches and jewellery in specialised stores
- Revenue
- £8.6m
- Profit
- £890k
- Staff
- 69
Sources
Latest figures from AbridgedAccounts for the year to 31 May 2026 (profit £355k), from the Companies House accounts bulk data published Jun 2026. Spotted an error? Request a correction.
Updated from Companies House on 15 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.