Just Diamonds Ltd

Just Diamonds Ltd, based in Birmingham, UK, is a small, active company founded nine years ago. With a single employee and £232,135 in assets, it’s a solo venture led by a single director and owner, Parekh Divyesh. The company maintains a real address and boasts a stellar 5.0 Google rating from 11 reviews. It’s a regular importer of jewelry, precious stones, and metals, with five months of import activity recorded.

The company’s website, Just Diamonds, operates as a business-to-business (B2B) diamond merchant, specializing in the supply of loose diamonds, coloured gems, pearls, and jewelry. It caters to both small workshops and large manufacturers, offering a wide range of natural and lab-grown diamonds. The site also features a diamond and gem selector platform, with prices listed as indicative retail recommended prices (RRP). They offer in-house manufacturing of jewelry, from plain rings to custom designs, in various metals, and even provide CAD/CAM services.

Financially, Just Diamonds Ltd presents a mixed picture. Cash bank on hand has decreased by 32% to £79,000, while creditors have fallen by 8.8% to £220,000. Trade debtors have increased significantly, rising 53% to £96,000. However, equity has plummeted 190%, resulting in a negative net assets figure of -£7,700. 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 agility, but the substantial equity decline warrants attention. The company’s unaudited financial statements, as a small company, are director-reported.

Despite the financial challenges, Just Diamonds Ltd appears to be a well-regarded supplier within its niche, with a focus on quality and service. The company’s ability to maintain a positive Google rating and secure regular import business suggests a strong foundation, but the need to address the negative equity will be crucial for its long-term sustainability.

Registered in England/Wales under the registration number 09742764, with a registered address at B1 3EE, United Kingdom, Birmingham, Ground Floor 33 Tenby Street.

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