Best Quality Watches Limited

Active07067258 Private limited company
Incorporated
5 November 2009 (17 years)
Industry
Retail sale of watches and jewellery in specialised stores (47770)
Directors
Owned by
Spencer Dryer
Accounts type
Full
Region
East of England
Address
74-76 Watling Street
Radlett
WD7 7NP

Filing status

Accounts due
29 March 2027
Last accounts
30 June 2025
Conf. stmt due
4 June 2027
Last conf. stmt
21 May 2026

Charges

Total
3
Outstanding
2
Part satisfied
0
Satisfied
1

Officers 2 active

Officer details are public data from the Companies House register.

Evans, Simon
Secretary · Appointed 15 February 2022
Director · Appointed 1 January 2013
British
Born February 1967 (59)
Officer history (6 former)
15 February 2022
Appointed Evans, Simon as Secretary
31 January 2017
Resigned Lazarus, Andrew as Director
16 November 2016
Resigned Shaffer, Ian as Director
5 December 2014
Appointed Lazarus, Andrew as Director
5 December 2014
Appointed Shaffer, Ian as Director
5 December 2014
Resigned Lazarus, Andrew as Director
5 December 2014
Appointed Lazarus, Andrew as Director
5 December 2014
Resigned Lazarus, Andrew as Director
5 December 2014
Resigned Shaffer, Ian as Director
5 December 2014
Resigned Shaffer, Pamela Francis as Director
1 January 2013
Appointed Dryer, Spencer as Director
1 January 2013
Appointed Lazarus, Andrew as Director
1 July 2011
Appointed Shaffer, Ian as Director
5 November 2009
Appointed Shaffer, Pamela Francis as Director

Ownership 1 active

People and entities with significant control, from the Companies House PSC register

Individual · Notified 1 October 2016
Owns 75–100% of shares
Holds 75–100% of voting rights
Right to appoint and remove directors
British
Born February 1967 (59)
Former controllers (2)
31 October 2016
Ceased Andrew Lazarus — Owns 25–50% of shares
31 October 2016
Ceased Ian Shaffer — Owns 25–50% of shares

Financials

Balance sheet as at 30 June 2025 · full accounts

Net Assets
£2,726,370
Cash
£1,696,392
Turnover
£23,159,270
Profit Before Tax
(£63,668)
Employees
28
Debt Ratio
63%
Current Ratio
1.4x
Profit Margin
-0%
Return on Equity
-3%

Trend

Turnover
£0 £20.0M £40.0M 2022 2023 2024 2025 £29,192,457 £19,871,690 £23,734,222 £23,159,270
Balance sheet detail
20252024202320222020
Fixed Assets£1,159,802£1,306,991£1,302,472£172,405£96,402
Current Assets£6,289,695£7,189,604£9,707,952£11,382,489£3,067,676
Debtors£798,627£304,547
Cash£1,696,392£1,425,034£1,378,121£543,164£401,858
Creditors (< 1 year)£4,491,005£1,459,945£3,652,195£7,772,163£2,691,311
Creditors (> 1 year)£125,670£4,000,811£4,508,134£842,947
Net Current Assets£1,798,690£5,729,659£6,055,757£3,610,326£376,365
Net Assets£2,726,370£2,935,956£2,784,450
Shareholder Funds£2,726,370£2,935,956£2,784,450£2,914,189£472,767

Turnover£23,159,270£23,734,222£19,871,690£29,192,457
Cost of Sales£20,016,852£20,886,588£17,783,990£26,965,070
Gross Profit£3,142,418£2,847,634£2,087,700£2,227,387
Admin Expenses£2,663,429£2,287,830£1,818,169£1,397,770
Staff Costs£963,331£849,018£769,919£732,740
Operating Profit£492,279£577,748£283,580£839,015
Profit Before Tax(£63,668)£315,744(£59,991)£382,420
Tax£6,569£34,238(£60,251)£125,896
Profit for Period(£70,237)£281,506£260£256,524

Filings 89

DateDescriptionMade Up ToPagesPDF
28 May 2026Confirmation statement with no updates21 May 2026
19 December 2025Full accounts30 June 2025
3 June 2025Confirmation statement with no updates21 May 2025
25 March 2025Full accounts30 June 2024
5 June 2024Secretary's details changed
Show all 89 filings

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