Gemsake Ltd

Gemsake Ltd from London UK: small company, active status, founded 11 years ago, £37,730 assets, real address, 2 directors, no owners. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £37,730. The company operates in the retail sale via mail order houses or via internet, the other retail sale not in stores, stalls or markets industries.

Gemsake Ltd’s website showcases a vibrant online store specializing in jewelry and accessories. The site’s design is modern and user-friendly, with high-quality product photography and detailed descriptions. It appears to be a fully functional e-commerce platform, allowing customers to browse, add items to their cart, and securely checkout. The website clearly emphasizes a curated selection of unique pieces, suggesting a focus on quality over quantity. There’s also a blog section with articles on jewelry trends and styling tips, indicating an effort to engage customers beyond simple transactions. It seems like they're putting a lot of effort into building a brand identity.

Financially, Gemsake Ltd presents a mixed picture. While current assets have plummeted by a staggering 81% to just £38,000, creditors have also decreased significantly by 15%, falling to £30,000. Cash on hand, however, has seen a remarkable increase of 1400%, jumping to £3,200. Equity has taken a serious hit, dropping 4500% to a negative £42,000. This suggests the company is burning through cash, possibly reinvesting heavily in inventory or marketing, or perhaps facing increased operating expenses. The lack of debtors reported could mean they're tightening credit terms or experiencing faster payment cycles, which is good. The significant drop in equity is concerning, and it's possible they're relying on debt to keep operations afloat. No auditor is mentioned, which is common for small companies, so the figures are unaudited.

Registered in England/Wales under the registration number 08946098, with a registered address at W5 5JD, United Kingdom, London, 43 Lammas Park Road.

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