Banyan Jewellery Limited

Banyan Jewellery Ltd, based in Newton Abbot, UK, is a small, active company founded 14 years ago. With three employees and £233,220 in assets, it's a solo-founded operation led by a single director and owner, Zalman Yaniv. The company boasts a perfect 5.0 Google rating based on one review and regularly imports jewelry, precious stones, and metals – the latest import was in February 2023.

The company's website showcases a wholesale design studio specializing in handcrafted silver and gold jewelry. Every piece is designed by founder Yaniv Zalman, with a focus on elegant form and detail. Banyan Jewellery supplies its loyal customers with evolving collections and branded jewelry boxes, operating for over 20 years. The site also highlights bespoke product development services for individual businesses.

Financially, Banyan Jewellery Ltd shows some interesting trends. Cash bank on hand remained steady at £150,000, while creditors increased by 24% to £29,000. Trade debtors decreased significantly by 69% to £6,900, which could indicate improved collection practices or a shift in payment terms. Equity also grew by 6.9% to £220,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile. With no auditor mentioned, the financial statements are unaudited.

Overall, Banyan Jewellery Ltd appears to be a stable, family-run business with a strong focus on handcrafted jewelry and customer relationships. The decrease in trade debtors is a positive sign, but the rise in creditors suggests a need to monitor cash flow closely.

Registered in England/Wales under the registration number 07495047, with a registered address at TQ12 2DF, England, Newton Abbot, Devon, Units 3 & 4 Riviera House, 26 Salisbury Road.

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