Charles Fox (jewellers) Limited

Charles Fox Jewellers Ltd from Bournemouth UK: a small, holding company with an active status, has been a fixture in the community for a remarkable 100 years, founded way back in 1924. Employing 15 people, the business holds assets totaling £3,944,090, but operates from a virtual address – twenty companies registered at the same location, which is a bit odd. Four directors and one owner oversee the operations, and the company is an irregular importer, bringing in jewelry, precious stones, and metals, though only for about a month at a time, with the last import in July 2023.

The company’s website showcases a long-standing family business, with a history stretching back over 140 years. Charles Fox Jewellers specializes in Rolex watches, bespoke jewelry, and engagement rings, offering services like diamond selection and ring design. They also have a physical presence at 21-22 The Arcade in Bournemouth, and even boast a showroom in Harrods, London, through their piano restoration division. The website emphasizes experience and craftsmanship, highlighting the family’s legacy and the quality of their work. It's a classic retail operation with a touch of high-end prestige.

Financially, Charles Fox Jewellers Ltd presents a mixed picture. While current assets are up slightly to £3,900,000, bank borrowings have increased significantly by 51% to £690,000, and cash reserves have decreased by 28% to £1,100,000. Creditors have also risen by 35%, suggesting increased short-term debt. The company’s small size – meeting two of three conditions for being classified as small – helps it maintain agility. The increase in deferred tax is a little concerning, but the company's assets are still substantial. No auditor is mentioned, which is typical for a small company exempt from an audit. Overall, the company seems to be holding its own, but the rising debt and decreasing cash reserves warrant close monitoring.

Registered in England/Wales under the registration number 00202014, with a registered address at BH9 2DW, United Kingdom, Bournemouth, Dorset, 898-902 Wimborne Road, Moordown.

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