Adams Gold Limited

Adams Gold Limited, based in Harrow, UK, is a small, active company founded 29 years ago in 1996. With eleven employees and £1,110,680 in assets, it's a solo-founded operation managed by one director and owner. The company regularly imports jewelry, precious stones, and metals (14 months of import activity) and exports them (5 months), indicating a trade-focused business. It’s a real address, which is good.

The company operates in the manufacture of jewellery and related articles industries. Its website, adamadamgoldconsulting.co.uk, reveals a different focus: business coaching and leadership development. Adam Gold Consulting offers services like individual coaching, culture alignment, and relationship skills training, targeting executives and groups. The site boasts experience with clients like Barclays, Fujitsu, and GlaxoSmithKline, suggesting a history of successful projects. It's a bit strange, though, the difference between jewelry and business coaching.

Financially, Adams Gold Limited shows some concerning trends. Cash reserves fell by 51% to £220,000, and bank borrowings increased by 1.5% to £26,000. While creditors decreased by 37%, trade debtors increased by 35%, which could be a sign of slower payments. Equity, however, increased by 14%, which is a positive sign. The company meets the criteria for a small company (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees). There's no auditor mentioned, which is expected for a small, exempt company.

The company’s decline in cash reserves and increase in trade debtors suggest it's burning through money faster than it's collecting payments. Perhaps the business coaching arm is not yet generating enough revenue to offset the jewelry trade. The increased equity, however, indicates that the business is still valued, even with these challenges.

Registered in England/Wales under the registration number 03178259, with a registered address at HA1 1BD, United Kingdom, Harrow, C/O Hns Accountants Ltd, 79 College Road.

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