Bz Jewelery Ltd

Bz Jewelery Ltd is a small, active company based in London, UK, founded four years ago in December 15, 2020. With just one employee and £22,625 in assets, it’s a solo founder operation managed by a single director and owner, Tas Burak. The company operates from a virtual address—where 753 other companies are registered—and specializes in the retail sale of watches and jewellery, both in specialised stores and online. It’s a small business, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

The company’s website, LB Jewellery, positions itself as the UK's leading amber jewellery supplier, distributing luxury amber products set in sterling silver 925 from manufacturers in Gdansk, Poland. It caters to both small independent stores and nationwide chain stores, offering a range of over 1000 items, from handmade pieces to cast base ranges. Customers can place orders either through the online wholesale shop or by booking an appointment with a sales representative.

Financially, Bz Jewelery Ltd shows some concerning trends. Cash bank on hand has plummeted 100% to just £12, while current assets have dropped 40% to £23,000. Creditors have decreased significantly by 66%, which is good, but trade creditors have fallen 94% to just £1,800. Equity, however, has increased by 42% to £13,000, suggesting a possible injection of capital. Bank borrowings have decreased, and the company’s net assets liabilities are at £13,000. The lack of an auditor (likely exempt as a small company) means the figures are unaudited.

Overall, Bz Jewelery Ltd appears to be facing financial pressures, despite its niche market and online presence. The sharp decline in cash reserves and the increase in liabilities suggest that the company is burning through money, although the increase in equity may provide some breathing room.

Registered in England/Wales under the registration number 13081790, with a registered address at N16 9BS, England, London, 17 Green Lanes.

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