International Gemstones Ltd

International Gemstones Ltd is a small, active company founded twenty years ago in 2004. Based in London, it operates from a real address and employs six people, holding assets worth £758,802. The company is led by one director and owned by Haruni Richard Yoram. It runs an e-commerce site and regularly imports and exports jewelry, precious stones, and metals – nineteen months of import activity and forty-nine months of export activity have been recorded.

The company’s website showcases a wide range of gemstones, from natural diamonds to lab-created rubies, catering to both wholesale and retail customers. It offers a variety of loose gemstones, including lab-created and natural options, and even offers bulk discounts for larger orders. The site also highlights a selection of "current top sellers" and "new products" to keep the inventory fresh.

Financially, International Gemstones Ltd has experienced some challenges. While current assets have increased slightly to £760,000, net assets have significantly declined to -£74,000—a considerable drop. Bank borrowings have increased by a substantial 2,400%, reaching £29,000, and cash reserves have fallen 55% to £77,000. Trade debtors have also increased by 23%, suggesting potential difficulties with customer payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the equity decline warrants attention. With no auditor mentioned, the figures are unaudited.

The company’s focus on importing and exporting suggests a global reach, but the financial data indicates a need for careful management. The website’s robust presence and diverse product selection, however, demonstrate a commitment to serving the gemstone market—it's just a matter of ensuring the business model is sustainable.

Registered in England/Wales under the registration number 05141720, with a registered address at EC1N 8PJ, 39 Greville Street, London.

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