Durrani's Gold & Diamond Ltd
- Small
- Active
- 5 years
- 5 employees
- £1,013,920 (assets)
- Real address
- 2 directors
- 2 owners
- Irregular importer
- Rating 4.0 (58)
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 2 months ago, a good sign to sell them something.
Field of Operation
Website
Phones
Summary
Durrani's Gold & Diamond Ltd, based in Bradford, UK, is a small, active company founded five years ago. Employing five people, it holds £1,013,920 in assets and operates from a real address. With two directors and owners, it boasts a solid 4.0 Google rating from 58 reviews. The company primarily imports clocks, watches, and their parts, though activity has been irregular, with only one month of imports recorded since September 2021.
The business focuses on wholesale of watches and jewellery, with a website showcasing a range of rings, bracelets, necklaces, earrings, sets, and watches. It also features a gallery of gifts and updates, encouraging subscriptions for news and offers. The website highlights traditional Karay designs and emphasizes customer service. It also has a presence on Instagram.
Financially, Durrani's Gold & Diamond Ltd presents a mixed picture. Current assets have increased significantly, jumping 110% to £1,000,000, while cash bank on hand has seen a substantial rise of 86%, reaching £33,000. However, creditors have also increased, with those due within one year rising 72% to £1,200,000. Equity has increased by 15%, to £180,000. Net losses deepened, while trade debtors ballooned by 890%, suggesting delayed customer payments or expanded credit terms, and creditors rose 35% to £34,000. 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 sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.
Despite these challenges, the company's strong Google rating and active online presence suggest a loyal customer base. It’s clear that Durrani's Gold & Diamond Ltd is holding steady, but facing pressures.
Registered in England/Wales under the registration number 12611023, with a registered address at BD3 8BU, United Kingdom, Bradford, West Yorkshire, 839 Leeds Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 5 years
- 2
- 25%+
-
Resident of United Kingdom
-
Individual
- 5 years
- 7
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 5 years
- 2
-
Resident of United Kingdom
-
Individual
- 5 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eight months ago.
Last news
-
Termination of appointment of Shabir Hussain as a director on 2025-05-01Download 1 page pdf report
-
Unaudited abridged accounts made up to 2024-05-31Download 7 pages pdf report
-
Confirmation statement made on 2024-09-18 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Durrani's Gold & Diamond Ltd
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