Beaconsfield Fine Jewellery Llp

Beaconsfield Fine Jewellery Llp, based in Manchester, UK, is a small, active family business established 14 years ago. Operating from a virtual address, the company is run by two directors and two owners, with a perfect 5.0 Google rating from 31 reviews. It’s a regular importer of jewelry, precious stones, and metals, with eight months of import activity recorded, the latest in April 2024.

The company's website highlights its affiliation with The Cotswold Fine Jewellery Group, a long-established business tracing its roots back to 1741. Beaconsfield Fine Jewellery Llp specializes in fine jewelry, offering bespoke design services, repairs, and valuations. It also buys unwanted gold and silver, offering same-day cash settlements. The website showcases a wide range of rings, necklaces, earrings, and bracelets, available both in-store and online. It has a selection of antique, vintage and modern jewellery.

Financially, Beaconsfield Fine Jewellery Llp is showing some concerning trends. Turnover has plummeted by 76%, dropping to just £20,000, while net losses have deepened significantly to -£37,000. Cash reserves have shrunk by 39% to just £30, the company's assets have fallen by nearly half, to £68,000. Bank borrowings have increased by 22%, reaching £9,300, and creditors have decreased by 62%. Despite these challenges, the company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There’s no auditor mentioned, which is common for small, exempt companies.

The sharp decline in revenue and the increased reliance on bank borrowings suggest the company is burning through money. While the strong Google rating indicates customer satisfaction, it doesn’s guarantee long-term financial stability. The affiliation with a larger group might offer some support, but the company's current trajectory warrants close monitoring.

Registered in England/Wales under the registration number OC361083, with a registered address at M2 5NT, England, Manchester, The Lexicon Second Floor, Mount Street.

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