LVMH WATCH & JEWELLERY (UK) LIMITED

1. LVMH WATCH & JEWELLERY (UK) LIMITED 2000-07-03 → present
2. DUVAL LIMITED 1987-05-01 → 2000-07-03
3. TAG-HEUER (U.K) LIMITED 1986-05-29 → 1987-05-01
4. HEUER TIME (U.K.) LIMITED 1982-03-05 → 1986-05-29

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Constantin

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have a reasonable expectation that the Company have adequate resources to continue in operational existence for the at least 12 months from the date of signing the Financial Statements. The Company made operating profits of £3,601,071 (2023: £9,482,581) and has net assets of £25,759,358 (2023: £24,390,954). Thus, they continue to adopt the going concern basis in preparing the annual financial statements.”

Significant events

• “The increasingly unfavourable economic conditions in 2023 and 2024 can present a myriad of challenges for businesses across industries. This becomes particularly visible in reduced consumer spending due to economic uncertainty, which can lead to lower sales and revenue for the business.”
• “The Company's supply of products is directly from group and there is a risk that the watches and related products imported from Switzerland are lost or stolen in transit.”
• “The war in Ukraine has minimal impact to our business as Russian customers made up neglectable proportion for our client base.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -27.8%

  £120,211,415 → £86,782,587

• Cash

  +102.7%

  £4,134,018 → £8,378,784

• Net assets

  +5.6%

  £24,390,954 → £25,759,358

• Employees

  +3.8%

  211 → 219

• Operating profit

  -62%

  £9,482,581 → £3,601,071

• Profit before tax

  -78.2%

  £7,874,734 → £1,716,807

• Wages

  -1.6%

  £8,814,598 → £8,669,955

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers