Element Jewellery (hb) Ltd

Element Jewellery (hb) Ltd, based in Hebden Bridge, UK, is a small, active company founded four years ago. With five employees and £103,367 in assets, it's a real address operation managed by two directors and one owner, boasting an impressive Google rating of 5.0 from 52 reviews. The company is an irregular importer, bringing in jewelry, precious stones, and metals, with its last import activity recorded one month ago in August 2022.

The company's website showcases a curated selection of contemporary jewelry from an independent boutique, catering to a range of tastes and occasions. It operates primarily as an e-commerce business, offering engagement rings, wedding rings, eternity rings, and a variety of other jewelry items. The site also features a "Designers" section, highlighting independent jewellers and offering bespoke services. The website gives the impression of a well-curated, design-focused online store, with a strong emphasis on quality and craftsmanship.

Financially, Element Jewellery (hb) Ltd presents a mixed picture. While average employee numbers increased slightly to six, cash bank on hand dropped significantly by 69%, settling at £6,300. Bank borrowings also increased, reaching £5,600, and creditors rose by 6.5% to £160,000. Trade debtors, however, increased by a substantial 37% to £15,000, which could indicate a growing customer base or extended payment terms. Net assets decreased by 2.8% to £53,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The absence of an auditor, typical for small companies, means the financial statements are unaudited.

Overall, Element Jewellery (hb) Ltd seems to be navigating a period of change. While the company's online presence and Google reviews are positive, the financial data suggests a need to manage cash flow and potentially address growing trade debtors.

Registered in England/Wales under the registration number 12690211, with a registered address at HX7 6EU, England, Hebden Bridge, West Yorkshire, 25 Market Street.

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