In 1762, whilst at St Albans, Hertfordshire, he encountered William McGuire for whom he repaired a repeating watch. Arnold made a sufficient impression so that McGuire gave him a loan, enabling him to set up in business as a watchmaker at Devereux Court, Strand, London. In 1764, Arnold obtained permission to present to King George III an exceptionally small half quarter repeating watch cylinder escapement watch mounted in a ring. A similar repeating watch by Arnold has survived; it is of interest that the basic movement is Swiss in origin but finished in London. The escapement of this watch was later fitted with one of the first jewelled cylinders made of ruby.