Cadaro Limited

Cadaro Jewellery, based in London, UK, is a small, active company founded five years ago. With two employees and £902,547 in assets, it operates from a virtual address shared by many other businesses, raising some questions about its physical presence. The company is led by two directors and owned by Yildiz Ayse Nur, who also acts as the solo founder. It holds a respectable Google rating of 4.0 based on nine reviews, and regularly imports furniture, lighting, and prefabricated buildings—most recently in October 2024.

The company's website, cadarojewellery.com, showcases a range of collections, including rings, bracelets, earrings, and necklaces, under brands like CADsual, Mystical, Thorn, and Maison Cadaro. It operates a sleek e-commerce platform with a focus on high-end jewellery, offering appointments and showcasing stores in Knightsbridge, London, and Ankara. The site also features a blog, press releases, and a focus on customer service, highlighting a commitment to quality and style.

Financially, Cadaro Jewellery presents a mixed picture. While current assets increased by 29% to £900,000, net assets remained relatively stable at £2,900. Creditors rose by 3.4% to £500,000, and trade debtors increased significantly by 76% to £420,000—perhaps indicating a shift in payment terms or increased sales on credit. Bank borrowings, however, decreased dramatically by 100%, leaving just £3 in the account. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in trade debtors could be a cause for concern. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Cadaro Jewellery appears to be navigating a period of growth, but it’s important to monitor the increase in trade debtors and ensure that the company maintains a healthy cash flow. The focus on high-end jewellery and a strong online presence suggests a potential for continued success, but financial stability remains key.

Registered in England/Wales under the registration number 12401363, with a registered address at SE11 5QU, United Kingdom, London, 239-241 Kennington Lane.

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