Jacksons Jewellers Ltd

Jacksons Jewellers Ltd from Morpeth UK is a small, active company founded fifteen years ago. With four employees and £333,962 in assets, it’s a family-run business led by a solo founder who also serves as director and owner. The company operates from a real address and has been steadily serving the community since its inception.

The company’s website showcases a diverse range of services, from buying and selling gold, silver, and watches to offering expert appraisals and bespoke jewellery design. It’s clearly focused on providing a high-quality, personalized experience for customers, with a strong emphasis on luxury watches and pre-owned jewellery. The site also features a workshop section highlighting custom-made pieces, demonstrating a commitment to craftsmanship and unique designs. It seems like they are doing ecommerce, with a focus on pre-owned luxury items and bespoke creations, catering to both buyers and sellers.

Financially, Jacksons Jewellers Ltd presents a mixed picture. While net assets increased by 10% to £230,000, indicating some growth in equity, other areas show volatility. Cash bank on hand dropped by 25% to £30,000, and finance lease payments owing decreased significantly by 82%, suggesting a reduction in long-term debt obligations. Creditors also decreased by 61%, which is a good sign. However, corporation tax payable rose dramatically by 110%, which could indicate a larger tax burden. 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 it to remain flexible, but the increase in tax payable warrants further attention. There's no auditor mentioned, which is common for small companies.

Registered in England/Wales under the registration number 06967894, with a registered address at NE61 1AL, United Kingdom, Morpeth, 1a Newgate Street.

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