Hanying Jewellery Ltd

Hanying Jewellery Ltd is a small, active company based in Hayes, London, UK, founded two years ago in March 2023. It operates as a solo-founded e-commerce site with a real registered address and is managed by one director and owner, Hu Hanying. The company’s financial data reveals a mixed picture, with net assets liabilities of -£2,200, a decrease from the previous year. Cash bank on hand sits at £3,100, and loans from directors are at £3,900. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

The company’s website, Hanying, showcases a collection of jewellery inspired by contemporary romanticism and natural beauty. It features collaborations with other brands, including MOMONARY, and offers a range of products, from earrings and rings to bracelets and bags. The site highlights the use of 18k gold-plated copper, platinum-plated brass, and natural pearls, emphasizing craftsmanship and unique designs. The website also has a section for the "Hanying Chapters," showcasing pearl and enamel collections. It boasts a wide range of countries and currencies, indicating a global reach.

Financially, the company’s recent accounts show a concerning trend. While the company has £3,100 in cash, it’s operating with net assets liabilities of -£2,200. Creditors have increased slightly, and bank borrowings are at £3,900. The lack of employees (zero reported) suggests a very lean operation. The accounts are unaudited, which is common for small companies, and no auditor is mentioned. The company’s small size allows for agility, but the negative equity and reliance on director loans raise questions about its long-term sustainability. The business seems to be burning through money, and it’s unclear if the e-commerce sales are enough to offset the costs.

Registered in England/Wales under the registration number 14768431, with a registered address at UB3 1FF, England, Hayes, London, Flat 53 Bluenote Apartments, 34 Blyth Road.

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