Grace & Co Retail Limited

Grace Retail And Co Ltd from Nottingham UK: small company, active status, founded 15 years ago, 53 employees, £1,519,699 assets, virtual address, 3 directors, 2 owners, family business, e-commerce site. Regular importer of jewelry, precious stones, and metals (62 months imported).

Grace & Co Retail Limited is a small, family-run business operating from Nottingham, UK. Established fifteen years ago, the company boasts an active status and employs fifty-three people. With £1,519,699 in assets, it operates an e-commerce site and regularly imports jewelry, precious stones, and metals—a practice spanning sixty-two months, with the latest import occurring in March 2025. The company’s registered address is a virtual one, as eleven companies share the same location, which is a red flag. It's run by three directors and two owners, and the business is a family affair.

The company’s website, Grace Co Jewellery Shop Online, is a fully-fledged e-commerce platform. It features a wide selection of brands, including Pandora, Nomination, Swarovski, and Thomas Sabo, catering to customers seeking watches, jewelry, and accessories. The site offers various categories, from bracelets and charms to rings and watches, with a focus on new arrivals and trending items. It even has a section for personalized gifts, including engravings and gift bags. The website also highlights the company’s commitment to customer service, offering free delivery over a certain threshold and a wish list feature.

Financially, Grace Retail And Co Ltd shows some concerning trends. While current assets remain at £1,500,000, net assets have decreased by 3.6% to £1,300,000. Bank borrowings have significantly reduced by 81%, dropping to £12,000, which is a positive sign. However, cash reserves have also fallen by 75%, leaving just £67,000. Trade debtors have increased substantially by 70%, which could indicate difficulties in collecting payments. The company’s small size—meeting two of three criteria for a small company—helps it maintain agility, but the decrease in equity warrants attention. With no auditor mentioned, the financial statements are unaudited.

Overall, Grace & Co Retail Limited appears to be a well-established e-commerce business with a strong brand presence. However, the recent financial trends suggest that the company may be facing some challenges, and it will be important to monitor its performance closely in the coming months. The decrease in cash reserves is a particular concern, and the company may need to take steps to improve its cash flow.

Registered in England/Wales under the registration number 07173023, with a registered address at NG9 2NG, England, Nottingham, 1 Lamorna Court 43 Wollaton Road, Beeston.

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