Citizen Watch United Kingdom, Ltd
Registered name: CITIZEN WATCH UNITED KINGDOM, LTD
Part of Citizen Watch Company Of America Inc groupCitizen Watch United Kingdom, Ltd made £36.8m revenue and £2.1m profit in the year to 31 Mar 2026.
Citizen Watch United Kingdom, Ltd’s revenue grew 8% to £36.8m in the year to 31 Mar 2026, with £2.1m profit and 71 employees. The company is classified under “manufacture of jewellery and related articles” and is based in Wokingham; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Wokingham, South East
- Age
- 25 yrs · since 2000
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 | 31 Mar 2026 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £30.3m | £32.2m | £34m | £36.8m |
| Cost of sales | £19.6m | £20.3m | £20.2m | £21.3m |
| Gross profit | £10.6m | £12m | £13.8m | £15.5m |
| Operating profit | £816k | £1.2m | £2.3m | £2.5m |
| Profit before tax | £347k | £1.4m | £2.4m | £2.8m |
| Profit after tax | £376k | £1m | £1.8m | £2.1m |
| Profit (best available) | £376k | £1m | £1.8m | £2.1m |
| Staff costs | £3.7m | £3.8m | £4m | £4.4m |
| Employees (average) | 62 | 65 | 65 | 71 |
| Ratios | ||||
| Profit margin | 1.2% | 3.3% | 5.4% | 5.6% |
| Gross margin | 35.1% | 37.1% | 40.6% | 42.1% |
| Revenue per employee | £488k | £496k | £523k | £518k |
| Profit per employee | £6.1k | £16.1k | £28.1k | £29.2k |
| Cash conversion | −243.8% | 189.6% | 0.3% | 77.2% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲6.5% | ▲5.3% | ▲8.3% |
| Profit growth | — | ▲179% | ▲74.5% | ▲13.4% |
| Headcount growth | — | ▲4.8% | 0% | ▲9.2% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £7.9m | £8.7m | £8.5m | £10m |
| Net assets | £16.3m | £17.3m | £19.2m | £21.2m |
| Fixed assets | £1.6m | £2.4m | £2.2m | £2.1m |
| Current assets | £23.1m | £24.5m | £24.1m | £26.4m |
| Debtors | £3.5m | £3.6m | £4.1m | £4m |
| Deferred income | £1.1m | £1.4m | £1.7m | £2.6m |
| Cash from operations | −£2m | £2.4m | £7.6k | £1.9m |
| Source | Accounts · bulk data Jul 2024 | Accounts · bulk data Jul 2024 | FullAccounts · bulk data Aug 2025 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 5.6%
- Profit ÷ revenue.
- Gross margin
- 42.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £518k
- Revenue ÷ average employees.
- Profit per employee
- £29.2k
- Profit ÷ average employees.
- Cash conversion
- 77.2%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 5.7%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 6.9%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 10.8%
- 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
- ▲11%
- Now £21.2m
- Cash at bank
- ▲18%
- Now £10m
- Headcount
- ▲9%
- Now 71
- Deferred income
- ▲46%
- Now £2.6m
- Fixed assets
- ▼4%
- Now £2.1m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Citizen Watch Company Of America Inc (registered outside the UK register)ultimate parent75–100%
- Citizen Watch United Kingdom, Ltdthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
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- Profit
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- Hockley Mint LimitedBirmingham · Manufacture of jewellery and related articles
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- £14.2m
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- Treasure House LimitedLondon · Manufacture of jewellery and related articles
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2026 (profit £2.1m), from the Companies House accounts bulk data published Jul 2026. Spotted an error? Request a correction.
Updated from Companies House on 16 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.