Baker Bros. (jewellers) Limited

Baker Bros Jewellers Ltd, based in St. Albans, UK, is a small, active company established 37 years ago. With 15 employees and £4,859,715 in assets, it operates from a virtual address—a point to note as 188 companies share the same registration address. The business is led by four directors and four owners, and enjoys a stellar 5.0 Google rating based on 310 reviews. They are irregular importers, primarily dealing in furniture, lighting, and prefabricated buildings, with the last import operation occurring just two months ago.

The company’s website showcases a wide range of luxury goods, including Rolex watches, diamond engagement rings, and bespoke jewellery. It operates both online and in-store, offering appointment booking for personalized service. The site also features a blog with articles on topics like diamond guides and styling tips, indicating a focus on customer education and engagement. They seem to be a trusted wedding partner, with a dedicated section for wedding rings and a focus on providing a premium experience.

Financially, Baker Bros Jewellers Ltd presents a mixed picture. While net assets increased by 42% to £3,700,000, cash reserves dropped 6.1% to £2,400,000. Trade debtors rose significantly by 5700%, reaching £690,000, which could indicate a period of rapid growth or potential issues with collections. Bank borrowings increased by 120%, reaching £330,000. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. No auditor is mentioned, consistent with its status as a small, exempt company.

Overall, Baker Bros Jewellers Ltd appears to be a well-regarded business with a strong online presence and a loyal customer base. However, the sharp increase in trade debtors warrants closer monitoring, and the company’s financial health will depend on its ability to manage collections effectively.

Registered in England/Wales under the registration number 02163786, with a registered address at AL1 3RD, United Kingdom, St. Albans, Hertfordshire, 2nd Floor 4 Beaconsfield Road.

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