Jessop Jewellers Limited

Jessop Jewellers Ltd, based in Glenrothes, UK, is a small, holding company with an active status. Established 21 years ago in 2004, the business employs nine people and holds assets valued at £569,145. It operates from a real address and is overseen by two directors and one owner. The company has a thriving e-commerce site and enjoys a stellar 5.0 Google rating based on 127 reviews. Jessop Jewellers is a regular importer, specializing in jewelry, precious stones, and metals, with 7 months of import activity recorded, the last in December 2024.

The company’s website showcases a wide range of services, from bespoke jewelry design and repairs to watch servicing and valuations. It operates as an authorized retailer of popular brands like Pandora, Swarovski, and Nomination, and even offers a ring builder for customers looking to create a unique engagement ring. The website highlights a commitment to craftsmanship, offering museum-grade piano restoration services through its associated business, 1066 Pianos.

Financially, Jessop Jewellers Ltd shows a mixed picture. Creditors increased by 23%, while cash bank on hand decreased by 7.7% to £180,000. Net assets increased by 15% to £520,000. Trade debtors increased significantly, by 90%, suggesting a possible shift in payment terms or increased sales. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. As a small company, it is exempt from an audit, so the financial information is unaudited.

While the business appears to be performing well on the retail and service front, the increase in debtors and the decrease in cash reserves may indicate a need for closer monitoring of cash flow. The company's longevity and strong online presence suggest it's well-positioned for continued success, but managing its finances will be key.

Registered in Scotland under the registration number SC266963, with a registered address at KY6 2AH, Scotland, Glenrothes, Fife, Eq Accountants Limited Pentland House, Saltire Centre.

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