David Summerfield Limited
- Active
- Small
- 78 years
- 17 employees
- £4,478,147 (cur assets)
- 1m-15m
- Regular importer
- Regular exporter
- Real address
- 3 directors
- 1 owner
- Solo founder
- Newcastle Upon Tyne
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
The directors list was changed 5 months ago, a good sign to sell them something.
Field of Operation
Website
Summary
David Summerfield Ltd, based in Newcastle Upon Tyne, UK, is a small, active company with a remarkable 77-year history, founded in 1947. Employing 16 people, the company boasts assets totaling £4,730,774 and operates from a real address. It's a family affair, with one director and owner—a solo founder—at the helm, and an e-commerce site driving sales. The business regularly imports jewelry, precious stones, and metals (for 14 months), and exports clocks, watches, and their parts (for 39 months), demonstrating a diverse international trade presence.
The company’s website showcases a wide range of watches and jewellery, catering to both men and women. It features designer brands like Clogau, Nomination, and Thomas Sabo, alongside a dedicated section for wedding and engagement rings. The site offers various price points, from under £50 to over £1,000, and includes a charm collection with customizable bracelets. Customers can even book appointments and benefit from free gift wrapping and delivery. The website also highlights a partnership with Chrono24, a leading online marketplace for luxury watches.
Financially, David Summerfield Ltd’s recent report shows some concerning trends. While cash reserves fell by 33% to £940,000, bank borrowings surged by 2,400%, reaching £29,000. Creditors increased by 21% to £410,000, and net assets decreased by 3.8% to £4.6 million. Trade debtors fell by 58%, which could indicate improved collection efforts, but also potentially reduced sales. 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 flexibility, but the increase in debt and decrease in equity suggest a need for careful financial management. No auditor is mentioned, which is typical for small companies. Overall, David Summerfield Ltd is a long-standing business facing the challenges of a changing market, with its success hinging on maintaining its reputation for quality and customer service.
Registered in England/Wales under the registration number 00439774, with a registered address at NE20 9LN, Newcastle Upon Tyne, Tyne & Wear, 70 Parklands, Ponteland.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Individual
- 9 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- N/A
-
Resident of United Kingdom
-
Individual
- 5 months
-
Resident of United Kingdom
-
Individual
- 5 months
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted four months ago.
Last news
-
Confirmation statement made on 2025-11-14 with updatesDownload 4 pages pdf report
-
Appointment of Ms Faye Lucy Smith as a director on 2025-11-01Download 2 pages pdf report
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Appointment of Mr Tom Benjamin Smith as a director on 2025-11-01Download 2 pages pdf report
Importer profile by HS codes
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Import HS codes in detail
Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Exporter profile by HS codes
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Export HS codes in detail
Last exported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
FAQ about David Summerfield Limited
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