Hks Jewellery Limited

Hks Jewellery Limited is a small, active company based in Southall, UK, established four years ago. With a single employee and £5,330 in assets, it operates as an e-commerce business, selling personalised and handmade jewellery. The company has a Google rating of 4.0 based on six reviews and is led by two directors and one owner, Taneja Bhavna Ramswarup.

The company’s website showcases a wide range of jewellery, including necklaces, bracelets, earrings, and charms, all customisable to suit individual preferences. It highlights the use of high-quality materials, a focus on bespoke designs, and worldwide free delivery. The website also features a blog detailing the company’s history and craftsmanship, emphasizing the unique story behind each piece. The business has been operating for seven years, combining traditional jewellery-making practices with modern personalisation trends.

Financially, Hks Jewellery Limited’s recent accounts show some concerning trends. Cash bank on hand has dramatically decreased by 90%, falling to just £3,500. Current assets have also plummeted by 85%, leaving only £5,300. Creditors have decreased significantly by 77%, which is a positive sign, but net assets have increased by a whopping 1500% to £2,400. The company’s retained earnings have also increased dramatically. The company’s equity has increased by 870% to £2,400. It's a small company, meeting two of three conditions for classification (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). The lack of an auditor is not unusual for a small company.

These figures suggest the company may be burning through cash reserves, although the decrease in creditors indicates improved debt management. The dramatic increase in equity could be due to a one-off event or a change in accounting practices. It's hard to say exactly what's going on, but the company’s future success will depend on its ability to generate consistent revenue and manage its finances effectively.

Registered in England/Wales under the registration number 13119656, with a registered address at UB2 4QE, United Kingdom, Southall, Middlesex, 4 Castle Road.

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