G W Pack Ltd

Gw Pack Jewellers, based in Tiverton, UK, is a small, active company with a rich history stretching back 128 years. Founded in 1875, it's been a fixture in the town, now employing seven people and holding assets of £508,639. The business, run by three directors and one owner, operates an e-commerce site and enjoys a stellar 5.0 Google rating from 44 reviews. It’s a regular importer of clocks, watches, and their parts, with six months of import activity recorded.

The company’s website, G.W. Pack Jewellers, highlights its heritage and commitment to exquisite jewellery. It operates both an online store and a physical location, offering a range of services including repairs and custom designs. The site also showcases partnerships with brands like Kit Heath, Ti Sento, Citizen, Pandora, UNOde50, Nomination, and even features a separate venture restoring pianos. It’s a clear effort to appeal to a wide range of customers, from those seeking everyday pieces to those looking for high-end, museum-quality restorations.

Financially, Gw Pack Jewellers shows a mixed picture. Current assets decreased by 11% to £510,000, while net assets declined by 4% to £420,000. Cash bank on hand took a significant hit, falling 20% to £180,000. Creditors, however, were reduced by 28%, suggesting improved management of short-term debts. The company’s small size—meeting two of three conditions for being classified as small—helps it remain nimble, but the decrease in cash reserves is something to keep an eye on. The company is exempt from an audit, so the financial statements are unaudited.

Overall, Gw Pack Jewellers appears to be a stable business with a strong reputation. While the financials indicate some challenges, its long history, diverse offerings, and positive customer reviews suggest a resilient operation. The company’s continued success will likely depend on maintaining its reputation for quality and service, and adapting to the ever-changing retail landscape.

Registered in England/Wales under the registration number 04846677, with a registered address at EX16 6LD, Tiverton, Devon, 58 Fore Street.

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