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Watchfinder earns a place on Fast Track 100 list for third consecutive year

Prestige pre-owned watch business Watchfinder has been named in the Sunday Times Virgin Fast Track 100 list for the third year in a row.

The report lists the 100 fastest growing private companies in the UK. Watchfinder was placed 88th.

“This third award is a fantastic achievement for Watchfinder and further acknowledgement of not only our position among the fastest growing businesses in the UK, but also of the pre-owned watch market as an ever-expanding growth sector,” says founder Stuart Hennell.

Watchfinder was also named Omnichannel Retailer of the Year at November’s WatchPro Awards.

The Fast Track 100 conference and awards dinner takes place in May, with Virgin chairman Richard Branson co-hosting the event.

Watchfinder’s accounts for the 2016-17 financial year ended in March have not yet been published, but WatchPro has been told they will show turnover of around £85 million, up from £60.8 million in 2015-16.

Growth has accelerated this calendar year, with the company saying its annual turnover is now in excess of £120 million. It has sold watches worth 450 million since it was founded in 2002.

 

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