Atlantis Gems Limited

Atlantis Gems Ltd, based in Cirencester, UK, is a small, active company founded eleven years ago. With two employees and £1,071,717 in assets, it operates from a real address and is managed by one director and owner. The company regularly imports jewelry, precious stones, and metals – 34 months of import activity were recorded, with the latest in October 2024 – but only occasionally exports these same items, with just one month of export activity as of March 2021.

The company’s website paints a picture of a specialist jeweller catering to the cruise ship industry. It emphasizes the emotional attachment to jewelry, offering "exquisite bespoke jewelry, uniquely handcrafted and individually bespoke." A section titled "Our Story" suggests a visual journey, and the site also includes warranty registration, galleries, and enquiry pages. The site’s focus on bespoke jewelry and a visual odyssey hints at a business prioritizing quality and craftsmanship over mass-market appeal.

Financially, Atlantis Gems Ltd presents a mixed bag. While bank borrowings increased significantly – a 120% jump to £84,000 – cash reserves also rose by 10%, reaching £42,000. Creditors decreased by 35%, suggesting improved debt management. However, the company’s net assets increased by 95%, to £250,000, which is a positive sign. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in bank borrowings is something to watch. There’s no auditor mentioned, so the figures are unaudited.

The company's inventory also increased by 110% to £870,000, which could indicate increased demand or a build-up of stock. The company’s focus on the cruise ship industry and bespoke jewelry, combined with the financial data, suggests a business that’s holding its own, but perhaps facing some challenges in managing cash flow.

Registered in England/Wales under the registration number 08761802, with a registered address at GL7 1RJ, England, Cirencester, Gloucestershire, 9 Trotman Walk.

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