Laurel Jewellery Limited

Laurel Jewellery Ltd from London UK is a small, active company founded 48 years ago in 1976. It's a solo-founded operation with one director and owner, employing just three people and holding £826,238 in assets. The company operates from a virtual address, registered at a building shared by over 200 other businesses. It’s a regular importer of jewelry, precious stones, and metals (69 months) and a regular exporter (9 months).

The company’s website showcases a wide range of luxury jewelry for independent retailers, including gold, silver, and diamond pieces. It appears to be a trade-only platform, encouraging retailers to open accounts. The site highlights collections of necklaces, bracelets, earrings, and semiprecious stone sets, emphasizing unique designs sourced directly from Italian goldsmiths. There's also a section for upcoming exhibitions, indicating a presence in the industry.

Financially, Laurel Jewellery Ltd presents a mixed picture. Cash bank on hand decreased by 26% to £96,000, while trade debtors fell by 20% to £250,000. Creditors also decreased significantly, dropping 20% to £210,000. However, net assets grew by 11% to £610,000, and other inventories increased by a substantial 28% to £480,000. 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 decrease in cash reserves could indicate tighter margins. There is no auditor mentioned, which is common for small companies. The company’s growth in inventories suggests it’s stocking up for future sales, or perhaps facing challenges in moving existing stock.

Registered in England/Wales under the registration number 01264082, with a registered address at N3 2LT, United Kingdom, London, First Floor, 314 Regents Park Road, Finchley.

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