Davril Jewels Limited

Davril Jewels Ltd is a small, active company founded 45 years ago in 1979, holding a virtual address and employing seven people. With two directors and a single owner—the solo founder—the company regularly imports jewelry, precious stones, and metals (eight months of imports, latest in October 2024), and occasionally exports them (one month of exports, latest in February 2024). Based in London, it operates within the retail sector, specifically specializing in the sale of new goods in specialized stores.

The company's website showcases a range of services, including bespoke jewelry design, diamond selection, and engagement ring creation, alongside a collection of fine jewelry and accessories. It even has a workshop where customers can view craftspeople at work, offering services like remodelling and repair. The website also highlights a history of success in Hatton Garden, London’s historical jewelry centre, and a focus on handmade pieces.

Financially, Davril Jewels Ltd presents a mixed picture. Current assets decreased by 24% to £340,000, while net assets plummeted 73% to just £16,000—a significant decline. Bank borrowings surged by 2,400%, reaching £29,000, and cash reserves fell 30% to £28,000. On the upside, creditors decreased by 18%, suggesting better debt management. As a small company (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), it benefits from agility, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements. The company’s small size helps it stay agile, but the sharp equity drop raises questions.

Registered in England/Wales under the registration number 01451954, with a registered address at N3 1XW, 35 Ballards Lane, London.

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