Jco London Limited

Jco London Limited is a small, active company based in London, UK, founded eight years ago in 2017. It employs five people and holds £37,761 in assets, operating from a real address in Hatton Garden. The company, owned and directed by Shaikh Jahangir Nasiruddin, runs an e-commerce site with a stellar 5.0 Google rating from 283 reviews. It’s a solo founder operation. Jco London specializes in the retail sale of watches and jewellery, and irregularly imports jewelry, precious stones, and metals – its last import was recorded one months ago in 2020.

The company's website showcases a wide range of diamond jewellery, from engagement rings and wedding bands to earrings, pendants, and bracelets. Customers can browse by style, metal, or stone, and even book appointments for personalized consultations. The site emphasizes bespoke design services and offers a lifetime warranty, free delivery, and certified diamonds. It’s clear the company is targeting a high-end market, with a focus on quality and customer service.

Financially, Jco London Limited presents a mixed picture. Current assets have decreased by 37% to £38,000, while net assets have dropped significantly by 43% to -£180,000. Bank borrowings have decreased by 27% to £22,000, and cash reserves have fallen by a substantial 67% to just £10,000. Creditors have increased by 25% to £200,000, and trade debtors have decreased by 20% to £21,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) keeps it nimble, but the equity decline raises concerns. No auditor is mentioned, so the figures are unaudited.

In summary, Jco London Limited appears to be navigating a challenging financial landscape. While its online presence and customer reviews are impressive, the declining equity and reduced cash reserves suggest it’s burning through money. The company’s future hinges on its ability to maintain sales, manage debt, and potentially attract investment.

Registered in England/Wales under the registration number 10619179, with a registered address at EC1N 8PN, England, London, Unit 47 4th Floor, 88-90 Hatton Garden.

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