Emdico (london) Limited

Emdico London Ltd, based in London, UK, is a large, active company established 39 years ago in 1985. Employing 13 people, it holds substantial assets of £8,470,034 and generates yearly revenue of £11,256,386. With a real address and two directors alongside one owner, it maintains a stellar 5.0 Google rating based on a single review. The company regularly imports and exports jewelry, precious stones, and metals—160 months of import activity and 67 months of export activity recorded.

The company’s website reveals Emdico to be a family-owned diamond specialist, with a presence extending to London, Dubai, Antwerp, Bombay, and New Delhi. It operates as a wholesale supplier of diamonds, gemstones, and jewelry, catering to trade customers. The website emphasizes a curated collection, tailored trade offers, and a world of imagery for presentations and designs. It also provides bespoke services, including CAD design and stone cutting, and offers a range of loose stones, from certified diamonds to rare colored gems.

Financially, Emdico London Ltd shows a mixed picture. While turnover decreased by 12% to £11 million, net assets increased by 7%, and cash reserves increased by 20% to £330,000. Bank borrowings, however, decreased by 64% to £140,000. Depreciation impairment for furniture and equipment rose significantly by 220%, indicating investment in assets. Director remuneration decreased by 51%, suggesting cost-cutting measures. The company meets the criteria for a large company, having met two of three conditions: turnover exceeding £36 million and balance sheet total exceeding £18 million. The company’s accounts were audited by Bharat Shah & Co.

The decrease in turnover, despite a rise in cash reserves, could be due to shifting market conditions or increased competition. The substantial investment in assets, as reflected in the depreciation increase, suggests a focus on long-term growth. Overall, Emdico London Ltd appears to be a financially stable company, though it faces the challenges inherent in a competitive market.

Registered in England/Wales under the registration number 01952530, with a registered address at EC1N 8NX, England, London, 100 Hatton Garden Hatton Garden, Suite 108-109.

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