Watches of Switzerland Group PLC
Registered name: WATCHES OF SWITZERLAND GROUP PLC
Watches of Switzerland Group PLC made £1.8bn revenue and £99m profit in the year to 3 May 2026.
Watches of Switzerland Group PLC’s revenue was £1.8bn in the year to 3 May 2026, with £99m profit. The company is classified under “retail sale of watches and jewellery in specialised stores” and is based in Braunstone; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Braunstone, East Midlands
- Age
- 7 yrs · since 2019
- Type
- Public Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 27 Apr 2024 | 3 May 2026 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £1.5bn | £1.8bn |
| Cost of sales | −£1.3bn | −£1.6bn |
| Gross profit | £190m | £237m |
| Operating profit | £120m | £170m |
| Profit before tax | £92.1m | £134m |
| Profit after tax | £59.1m | £99m |
| Profit (best available) | £59.1m | £99m |
| Employees (average) | — | — |
| Ratios | ||
| Profit margin | 3.8% | 5.4% |
| Gross margin | 12.3% | 13% |
| Balance sheet — indirect signals, not revenue | ||
| Net assets | — | — |
| Source | Accounts · bulk data Nov 2025 | Accounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 5.4%
- Profit ÷ revenue.
- Gross margin
- 13%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Subsidiaries (1)
- Jewel UK Midco LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 3 May 2026 (profit £99m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Updated from Companies House on 17 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.