Blue Wing Gallery Limited

Blue Wing Gallery Ltd from Truro UK: a small company, holding company, active status, founded 25 years ago, employing 11 people, and holding £287,495 in assets. It’s a real address, run by two directors and one owner, and operates an e-commerce site with a solid Google rating of 4.0 from 9 reviews. The company is an irregular importer of jewelry, precious stones, and metals, with just one month of import activity recorded as of October 2021.

The company’s website, Blue Wing Gallery, showcases a wide range of jewelry collections, from boutique pieces to marcasite and silver designs. It operates three stores in Cornwall, emphasizing family ownership and British craftsmanship. The website also highlights the company’s commitment to exceptional customer experiences over 20 years. It’s a nice selection of products.

Financially, Blue Wing Gallery Ltd presents a mixed picture. Current assets have decreased by 13%, dropping to £290,000. Bank borrowings have decreased by 44%, falling to £13,000. Creditors have significantly reduced by 46%, dropping to £180,000. Equity has also decreased by 9.8%, sitting at £170,000. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. There’s no auditor mentioned, likely due to its small size, meaning the figures are unaudited.

The decrease in assets and equity could indicate tighter margins or increased operating expenses, but the reduction in creditors suggests improved debt management. It's a bit concerning that cash reserves fell, but the company’s strong online presence and multiple store locations could provide a buffer. It’s a good thing that the company is active and well-reviewed.

Registered in England/Wales under the registration number 03814141, with a registered address at TR1 2XN, Truro, Cornwall, Blue Wing House Heron Way, Newham.

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