Jc Diamonds Ltd

Jc Diamonds Ltd, based in Woodford Green, UK, is a small, active company founded eight years ago in 2016. Employing five people, the company holds £974,012 in assets and operates from a virtual address—a detail that’s a little concerning given that 743 other companies are also registered there. It’s a family business run by two directors and two owners, Saurymper David and Saurymper Joseph Chaim.

The company primarily focuses on importing jewelry, precious stones, and metals, with 11 months of import activity recorded as of December 2024. It also engages in irregular exporting of similar items, with just two months of export activity noted as of May 2024. Jc Diamonds operates a sophisticated e-commerce website showcasing a wide range of jewelry, including rings, pendants, earrings, bracelets, and chains—all available for purchase online. The site emphasizes a curated collection of hip-hop and luxury jewelry, with a focus on diamonds and unique designs. It even has a blog section offering style tips and product spotlights.

Financially, Jc Diamonds Ltd presents a mixed picture. While current assets remain relatively stable at £970,000, equity has significantly decreased by 45%, dropping to £160,000. Bank borrowings have also declined by 19%, settling at £470,000. Trade debtors have seen a substantial decrease of 39%, suggesting improved collection efforts. However, creditors have increased by 55%, which could indicate increased reliance on short-term financing. 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 decline in equity warrants further scrutiny. The company’s financial statements are unaudited, as it’s exempt from an audit due to its size.

Overall, Jc Diamonds Ltd seems to be navigating a competitive market. The strong online presence and focus on unique designs are positives, but the declining equity and reliance on short-term financing are areas to watch.

Registered in England/Wales under the registration number 10243626, with a registered address at IG8 8HD, United Kingdom, Woodford Green, Essex, 19-20 Bourne Court Southend Road.

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