Chalmers Gems Limited

Chalmers Gems Ltd, based in Tetbury, UK, is a small, active company founded four years ago. With six employees and £116,740 in assets, it operates a virtual address and is managed by three directors and two owners. The company runs an e-commerce site and regularly imports jewelry, precious stones, and metals—19 months of import activity recorded, with the latest in December 2024.

The company’s primary focus is retail sale via mail order houses or via the internet. While its website is minimal, it clearly showcases a selection of gemstones and jewelry. The business appears to be a smaller player in the broader gemstone and jewelry market.

Financially, Chalmers Gems Ltd presents a mixed picture. Current assets have increased by 21% to £120,000, which is a positive sign. However, net assets have seen a significant jump of 49% to £55,000. Bank borrowings have increased by 15% to £53,000. Trade creditors have seen a dramatic increase of 170% to £78,000. 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, but the increase in creditors raises questions about cash flow. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s growth in assets and net assets suggests expansion, but the increase in trade creditors indicates a potential need to manage short-term liabilities. It’s likely that the company is reinvesting profits into its business, which could be a good strategy for long-term growth.

Registered in England/Wales under the registration number 12982408, with a registered address at GL8 8JG, England, Tetbury, Eight Bells House, 14 Church Street.

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