Lavan Designer Jewellery Ltd

Lavan Designer Jewellery Ltd is a small, family-run business based in Bexley, UK, with an active trading status. Founded seven years ago in 2018, the company employs three people and holds £325,179 in assets. It operates from a virtual address, registered with ninety-three other companies, and is managed by two directors and two owners. The business runs an e-commerce site and regularly imports jewelry, precious stones, and metals, with its last import operation recorded eight months ago in June 2023.

The company's website showcases a wide range of handmade jewelry, including rings, earrings, pendants, bracelets, and necklaces, crafted from gold, silver, opals, pearls, and gemstones. It features collections like Fine Jewellery, Wedding Engagement Jewellery, and Opal Jewellery, alongside bespoke design services and exhibitions. The website also highlights a selection of featured products, including gemstone rings and hoop earrings, with detailed descriptions and high-quality images.

Financially, Lavan Designer Jewellery Ltd shows some concerning trends. Current assets decreased by 9.2% to £330,000, while net current assets remained steady at £220,000. Cash bank on hand dropped significantly by 9.5% to £290,000. Trade debtors decreased by 17%, which is good, but other creditors increased dramatically by 3500%, reaching £13,000 – a worrying sign. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, so the figures are unaudited.

Despite the financial pressures, Lavan Designer Jewellery Ltd appears to be a well-established e-commerce business with a focus on handmade, high-quality jewelry. Whether the company can maintain its current trajectory and address the recent financial challenges remains to be seen.

Registered in England/Wales under the registration number 11314562, with a registered address at DA5 3AP, United Kingdom, Bexley, Kent, 19 Montpelier Avenue.

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