Jillian's Jewellery Ltd

Jillian S Jewellery Ltd from Glasgow UK is a small company with an active status, founded twelve years ago. It employs just one person and holds £10,973 in assets, operating from a virtual address. The company has one director and one owner, and runs an e-commerce site. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50.

The company operates in the retail sale via mail order houses or via internet industries. Its website, Hatton Garden Jewellers, showcases a wide range of engagement rings, lab-grown diamonds, and bespoke jewellery design services. The site emphasizes British craftsmanship and a customer-centric approach, offering everything from solitaire rings to diamond earrings and bracelets. It's clear they're targeting a high-end market, with sections dedicated to lab-grown diamonds and a "Create Your Own" design tool. They even offer virtual appointments and a showroom in Hatton Garden.

Financially, Jillian S Jewellery Ltd shows some concerning trends. Cash bank on hand has dropped by 21%, falling to £10,000. Trade debtors have increased significantly by 230%, reaching £450, which could indicate issues with customer payments. Dividends paid on shares have also decreased dramatically, falling by 86% to just £1,000. However, creditors have decreased by 41%, suggesting better debt management. The company’s net assets have also decreased by 2.7%, falling to £73,000.

It's worth noting that the company's property, plant, and equipment has remained relatively stable, with a slight decrease of 0.59%. The company’s small size (meeting two of three criteria) helps it stay agile, but the decrease in cash reserves and increase in debtors raise questions. There's no auditor mentioned, which is typical for small companies exempt from an audit. Overall, while Jillian S Jewellery Ltd appears to be operating, it’s facing some financial pressures, and it would be good to keep an eye on its performance.

Registered in Scotland under the registration number SC431276, with a registered address at G66 3AA, United Kingdom, Glasgow, Scotland, C/O Premier Accounting 9b Dalrymple Court, Kirkintilloch.

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