Lark & Berry Ltd

Lark & Berry Ltd, a small company based in London, UK, has been active for seven years, employing five people and holding £375,734 in assets. Founded by a solo entrepreneur, the company operates with one director and one owner, maintaining a real address. It's a regular importer and exporter of jewelry, precious stones, and metals, with 28 months of import activity and 16 months of export activity as of December 2024. The company’s core business involves the retail sale of watches and jewellery in specialised stores, and the other retail sale of new goods in specialised stores.

The company’s website, Lark and Berry, showcases a focus on engagement rings, fine piercings, and bespoke jewelry. It offers a wide range of styles and metals, with a strong emphasis on diamond quality and personalized design. The website also highlights luxury membership benefits, private shopping experiences, and a "Sparkle Circle" program, suggesting a strategy to cultivate loyal customers. The site’s design is modern and visually appealing, with high-quality product photography and a seamless e-commerce experience.

Financially, Lark & Berry Ltd presents a mixed picture. While cash bank on hand increased by 17% to £40,000, current assets experienced a 14% decrease to £380,000. Net assets declined by 9% to -£4.6 million, largely driven by a 9% increase in creditors to £5 million. Trade debtors decreased slightly by 5%, and bank borrowings increased by 6% to £4.8 million. 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, but the significant net asset deficit raises concerns about its long-term financial health. There’s no auditor mentioned, which is typical for small companies. The company’s reliance on imported materials and its competitive market position likely contribute to these financial pressures.

Registered in England/Wales under the registration number 10970388, with a registered address at W1U 7EA, England, London, 52a George Street.

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