Levy Gems Limited

Levy Gems Ltd from London UK: a small, active company founded 17 years ago, employs seven people, and holds £3,671,349 in assets. It operates from a virtual address, managed by two directors and a single owner—the solo founder. With a Google rating of 0.0 based on four reviews, Levy Gems is a regular importer of jewelry, precious stones, and metals (31 months) and an irregular exporter (2 months).

The company specializes in the other retail sale of new goods in specialised stores (not commercial art galleries and opticians). Its website, The Goldsmiths' Centre, is a hub for jewellery and silversmithing education and training. It offers courses, grants, exhibitions, and networking events, catering to both established professionals and aspiring craftspeople. The centre’s offerings range from technical skills training in areas like CAD design and gemstone setting to business development workshops and showcases of emerging talent. The website also features a café and event space, highlighting its role as a community hub for the jewellery and silversmithing industries.

Financially, Levy Gems Ltd shows a mixed picture. Cash reserves increased by a substantial 53% to £1,500,000, a positive sign of liquidity. However, net assets increased by a modest 16% to £3,300,000. Trade debtors decreased by 19%, suggesting improved collection of payments, but creditors increased by 23%, which may indicate increased reliance on short-term financing. The company’s small size—meeting two of three criteria for a small company—helps maintain agility. While the company’s bank borrowings surged by 2,400%, reaching £29,000, this could be related to investments in inventory or expansion. The lack of an auditor mentioned suggests the company is exempt from an audit as a small company, relying on unaudited financial statements. Overall, Levy Gems Ltd seems to be navigating a complex landscape, balancing growth opportunities with financial pressures.

Registered in England/Wales under the registration number 06452874, with a registered address at EC2R 8DD, London, 8th Floor Becket House, 36 Old Jewry.

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