21st Century Jewels Limited

21st Century Jewels Ltd from London UK: small company, active status, founded 22 years ago, 4 employees, £1,875,103 assets, virtual address, 3 directors, 2 owners, family business. Regular importer of art and antiques (4 months imported). Regular exporter of art and antiques (21 months exported). It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the other business support service activities n.e.c. industries. Officially, it has two owners or PSCs, three directors, and four employees.

The company's website is not available, so it’s difficult to determine exactly what they do beyond the import and export of art and antiques. It’s likely they are involved in sourcing, purchasing, and selling these items, possibly specializing in a particular period or style. Given the family business nature, it's probable that they have a personal touch and focus on building relationships with clients and suppliers. Without a website, it’s impossible to say if they operate an e-commerce platform or rely on traditional sales methods.

Financially, 21st Century Jewels Ltd presents a mixed picture. While current assets are reported at £1,900,000, there’s a significant decrease of 5.6% compared to the previous year. The company’s equity, however, has plummeted by 130%, now sitting at a negative £180,000. This suggests the company is burning through cash, possibly due to increased expenses or decreased revenue. Trade debtors have also increased by 8%, indicating potential difficulties in collecting payments from customers. On the positive side, creditors have decreased by 6.7%, which could reflect improved debt management. The company’s small size helps it stay flexible, but the sharp decline in equity is a cause for concern. With no auditor mentioned, the financial statements are unaudited.

It seems like the company is facing some financial pressures. The negative equity suggests they are spending more than they are earning, and the increase in trade debtors could indicate problems with cash flow. However, the decrease in creditors suggests they are managing their short-term debts reasonably well. The family business structure may provide stability, but the company needs to address its spending habits to ensure its long-term viability.

Registered in England/Wales under the registration number 04637238, with a registered address at W1W 6XH, United Kingdom, London, 101 New Cavendish Street, 1st Floor South.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.