David Morris International Limited

David Morris International Ltd, a holding company established 33 years ago, maintains an active status and boasts a strong Google rating of 4.0 based on 26 reviews. With 30 employees and assets totaling £102,589,236, the company, led by three directors and one owner, is a significant player in the jewelry and precious stone market. It regularly imports and exports jewelry, precious stones, and metals, with 167 months of import activity and 247 months of export activity recorded as of July 2023. The company’s registered address is at 180 New Bond Street, London, and is likely a real address as only one other company is registered there.

David Morris International Ltd operates as a high-end jewelry designer, manufacturer, and retailer. Its website showcases a wide range of collections, from classic diamond pieces to bespoke creations, catering to a discerning clientele. The company offers a full suite of services, including engagement ring design, wedding band selection, and jewelry restoration. The site is clearly geared towards e-commerce, with a user-friendly interface and detailed product descriptions. It appears the company is actively promoting its collections and services through a blog and social media presence.

Financially, David Morris International Ltd presents a mixed picture. While current assets increased by a substantial 2000%, reaching £26,000,000, accumulated amortisation and impairment of intangible assets decreased by 25% to £3,800,000. Property, plant, and equipment saw a decrease of 45% to £5,000,000. Bank borrowings surged by 67% to £1,000,000, and cash reserves decreased by 2.4% to £11,000,000. It’s worth noting that the company’s staff costs increased by 39% to £5,100,000. The accounts are audited by Saffery LLP. The company’s net loss deepened to -£1,000,000. The company’s large asset base and continued import/export activity suggest a stable business, but the increased borrowing and net loss indicate potential financial strain. The company’s continued growth in staff costs may be a sign of increased operational expenses.

Registered in England/Wales under the registration number 02630165, with a registered address at W1S 4RL, 180 New Bond Street, London.

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