Geminera Limited

Geminera Limited, based in Weybridge, UK, is a small, active company established nineteen years ago. With a single employee and £2,752 in assets, it’s a solo founder operation managed by three directors and one owner. The company boasts a stellar 5.0 Google rating based on one review. It’s considered a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company’s website showcases a wide range of jewellery care products, from cleaning solutions and cloths to sonic cleaners and gift sets. It operates primarily as an e-commerce business, selling to both consumers and potentially trade customers. The website highlights brands like Connoisseurs and emphasizes the importance of protecting and maintaining precious jewellery. It’s clear they’re targeting a market that values quality and expertise in jewellery care, with a focus on both cleaning and polishing. The site also includes a "Find a Stockist" section, suggesting a broader distribution strategy beyond direct online sales.

Financially, Geminera Limited’s report paints a mixed picture. Current assets have plummeted by a staggering 77%, dropping to just £2,800. Bank borrowings have also decreased significantly, by 45%, to £4,700. However, creditors have also fallen by 33%, suggesting some improvement in debt management. The sharp decline in current assets, however, is concerning, and the company’s negative equity of -£10,000 indicates it’s burning through cash. The lack of employees (just one reported) keeps overhead low, but the company’s reliance on a single individual could pose a risk. No auditor is mentioned, which is common for small, exempt companies.

Overall, Geminera Limited appears to be a niche e-commerce business facing financial pressures. While its strong Google rating and focus on a specialized market are positives, the significant drop in assets and negative equity suggest it needs to carefully manage its cash flow and potentially explore new revenue streams.

Registered in England/Wales under the registration number 05640818, with a registered address at KT13 8LU, England, Weybridge, Surrey, Eyot Lodge, Walton Lane.

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