Gold Factory Limited

Gold Factory Ltd from Slough UK: a small, active company founded 25 years ago, employs five people, and holds £1,258,554 in assets. It’s a real address with one director and one owner, operates an e-commerce site, and enjoys a stellar 5.0 Google rating based on 224 reviews. The company is an irregular importer of jewelry, precious stones, and metals, with just one month of import activity recorded in June 2024.

The company’s website showcases a wide range of jewelry, from diamond rings and wedding sets to initial pendants and religious items. It’s a comprehensive online store, catering to diverse tastes and occasions. The site also highlights services like buy-backs, gold buying, and valuations, alongside a blog offering advice on jewelry care and trends. It's clear that Gold Factory Ltd is focused on providing a full-service experience for its customers, both online and potentially in-store.

Financially, Gold Factory Ltd presents a mixed picture. While current assets increased by 3.5% to £1,300,000, net assets jumped a significant 57% to £730,000. Cash bank on hand saw a dramatic increase, soaring 24,000% to £11,000—a very positive sign. However, creditors decreased by 45% to £12,000, which might indicate a need to manage debt more strategically. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain nimble. No auditor is mentioned, likely due to its small size and exemption from an audit.

Overall, Gold Factory Ltd appears to be in a reasonably healthy position, with strong asset growth and a rising net worth. The sudden increase in cash reserves is encouraging, but the company should keep an eye on managing its creditors effectively.

Registered in England/Wales under the registration number 03910743, with a registered address at SL1 4XL, England, Slough, 294 Farnham Road.

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