Highlands Jewellery Ltd

Highlands Jewellery Ltd, based in Pitlochry, UK, is a small, active company founded four years ago in 2020. With three employees and £20,684 in assets, it operates from a real address and is overseen by one director and owner. The company is an irregular importer, primarily dealing in jewelry, precious stones, and metals, with a recent import recorded in August 2022. Its business focuses on retail sale via mail order houses or via internet.

The company’s website, Highlands Jewelers, presents a picture of a traditional jewelry store with a modern twist. It offers a wide selection of fine jewelry, diamonds, and wedding bands, catering to both online and in-person customers. The site highlights its family history, dating back 41 years, and emphasizes its commitment to quality and service, even sourcing diamonds directly from Antwerp, Belgium. There’s a nice selection of designers and a blog with helpful buying guides.

Financially, Highlands Jewellery Ltd shows some concerning trends. Current assets have dropped significantly, falling 68% to £21,000, while net assets have plummeted 81% to just £8,000. Cash reserves have also taken a hit, decreasing 60% to £4,400. Debtor’s have fallen by 63% to £1,600, and creditors have fallen by 41% to £15,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the sharp decline in equity raises questions about its financial health. As a small company, it’s exempt from an audit, so the figures are unaudited.

Overall, Highlands Jewellery Ltd appears to be facing financial pressures despite its commitment to quality and service. The business is clearly struggling, but it’s still holding on.

Registered in Scotland under the registration number SC659433, with a registered address at PH18 5SG, Scotland, Pitlochry, 3 Blair Cottages, Blair Atholl.

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