Jenny Jones Jewellery Limited

Jenny Jones Jewellery Ltd, based in Manchester, UK, is a small, active company founded fifteen years ago. With nine employees and £1,261,726 in assets, it’s a well-established business operating from a real address within the Royal Exchange Arcade. The company, led by three directors and owned by Lawrence Sara Louise, is a solo founder’s vision, offering a blend of vintage and contemporary jewelry through its e-commerce site and achieving a stellar 5.0 Google rating from 39 reviews. It’s an irregular importer, bringing in jewelry, precious stones, and metals, with its last import activity recorded a little over two years ago in June 2022.

The company’s website showcases a diverse range of jewelry, from engagement rings and wedding bands to vintage pieces and bespoke designs. It caters to customers seeking both classic and unique pieces, with sections dedicated to gifting and even allowing customers to design their own rings. The website also highlights a 40-year heritage of British craftsmanship and features a blog with advice on jewelry care and styling. It’s clear Jenny Jones Jewellery is more than just an online store; it’s a destination for jewelry lovers.

Financially, Jenny Jones Jewellery Ltd presents a mixed picture. While current assets decreased by 21% to £1,300,000, creditors saw a dramatic reduction of 130%, falling to -£65,000—a positive sign of improved debt management. However, equity also declined by 7.2% to £1,400,000, and cash reserves dropped 26% to £230,000. Bank borrowings increased significantly, reaching £29,000, and trade debtors decreased by 66%, which could indicate slower customer payments. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The unaudited financial statements, lacking an auditor’s report, rely on director-reported data.

Overall, Jenny Jones Jewellery Ltd seems to be navigating a period of financial adjustment. The company’s strong online presence and positive customer reviews suggest a solid foundation, but the declining cash reserves and rising bank borrowings warrant close monitoring. It’s clear the company is working to manage its finances, but whether it can sustain its growth trajectory remains to be seen.

Registered in England/Wales under the registration number 07181547, with a registered address at M2 7EA, Manchester, 10 Royal Exchange Arcade.

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