Houlden Jewellers Limited

Houlden Jewellers Ltd from Glasgow, UK, is a small, active company established 49 years ago. With 17 employees and £3,735,265 in assets, it’s a well-established player in the jewellery sector. The business operates from a real address and is overseen by seven directors, although no owners are officially listed. It’s a regular importer and exporter of jewelry, precious stones, and metals, with 87 months of import activity and 11 months of export activity recorded.

The company functions as a premium consortium of jewellers across the UK and Ireland, providing inspiration, advice, and support to its members. It’s an elite membership organisation, comprising 29 independent, luxury jewellers. Houlden’s focus is on providing a tangible value-added service to its members, helping them improve their margins and bottom line without affecting their independence. The business operates in the wholesale of watches and jewellery industries.

Financially, Houlden Jewellers Ltd has seen some shifts. Current assets have decreased by 32%, dropping to £3,700,000. Bank borrowings have dramatically reduced, falling 100% to zero, a positive sign. However, deferred income has plummeted 96%, and net current assets and liabilities have also seen a significant drop. Creditors have decreased by 13%, suggesting improved debt management. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the decrease in assets and deferred income could indicate some financial pressure. The company is not audited, so the figures rely on unaudited statements.

The company’s financial reports also show an increase in depreciation, particularly for computer equipment and furniture fittings. While the number of employees has risen slightly, from 17 to 18, the company continues to operate with a lean structure. It’s clear that Houlden Jewellers Ltd is navigating a changing landscape, balancing its role as a support network for independent jewellers with the challenges of a competitive market.

Registered in Scotland under the registration number SC059293, with a registered address at G2 5LA, Scotland, Glasgow, 1/2 The Exchange 142 St. Vincent Street.

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