Joyalukkas Ltd

Joyalukkas Ltd from London UK: a small, active company founded 23 years ago, employs eight people, and holds assets valued at £8,709,227. It’s a family business with four directors and two owners, operating from a real address. The company regularly imports jewelry, precious stones, and metals – a consistent activity spanning 75 months, with the latest import in February 2025 – and exports similar items, though less frequently, with eight months of export activity ending in December 2016.

The company’s website, while present, currently displays an error message: "Oops! JavaScript is disabled." This suggests a limited or non-functional e-commerce presence, and it’s unclear if online sales are a significant part of the business model. It seems they are primarily focused on wholesale and potentially retail through other channels.

Financially, Joyalukkas Ltd demonstrates some concerning trends. While net assets increased by 3%, to £2 million, several key metrics have shifted. Cash reserves have seen a significant drop, falling 41% to £670,000. Bank borrowings have surged by 2,400%, reaching £29,000, and trade debtors have increased by 190%, suggesting potential payment delays from customers. Creditors have also risen substantially, by 310%, reaching £34,000. Despite these pressures, 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. There’s no auditor mentioned, which is typical for a small company, so the figures are unaudited.

Overall, Joyalukkas Ltd appears to be navigating a period of change. While its import and export activities remain consistent, the financial data indicates increased borrowing and potential challenges in managing cash flow. The lack of a functional website raises questions about its online presence and future growth potential.

Registered in England/Wales under the registration number 04394314, with a registered address at E7 8LF, London, 284 Green Street, Forest Gate.

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