Kenya Jewellers Limited

Kenya Jewellers Ltd, based in Wembley, UK, is a small, family-run business with an active status. Founded 43 years ago in 1982, it employs five people and holds £1,731,739 in assets. The company, with three directors and two owners, boasts a perfect 5.0 Google rating from 55 reviews. It’s a regular importer of jewelry, precious stones, and metals, with the last import operation recorded three months ago.

The company operates in the wholesale of household goods and the retail sale of new goods, catering to a specialized market. 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 website is not available for review, so it’s unclear if the company has an e-commerce presence.

Financially, Kenya Jewellers Ltd shows a mixed picture. Current assets increased by 5.6% to £1,700,000, while net assets increased by 4.6% to £2,300,000. Bank borrowings decreased by 44% to £12,000, and cash reserves decreased by 23% to £370,000. Trade debtors increased by 95% to £160,000, suggesting a possible increase in sales or extended credit terms. Creditors decreased by 5.1% to £170,000. The company’s small size helps it remain agile, but the increase in debtors raises questions about cash flow management. With no auditor mentioned, the financial statements are unaudited.

Overall, Kenya Jewellers Ltd seems to be holding steady, but the increase in debtors should be monitored closely. The company's long history and strong Google rating suggest a loyal customer base, but the financial figures indicate a need for careful management to ensure long-term sustainability.

Registered in England/Wales under the registration number 01613188, with a registered address at HA0 4TQ, England, Wembley, Middlesex, 46 Ealing Road.

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