Mangla Jewellers Limited

Mangla Jewellers Ltd, based in Bradford, UK, is a small, active company founded nine years ago. With three employees and £1,122,991 in assets, it operates from a real address and is overseen by four directors and two owners. The company has a 4.0 Google rating from 75 reviews and runs an e-commerce site. It’s an irregular importer of jewelry, precious stones, and metals, with just one month of imports recorded as of July 2021.

The company’s website showcases a wide range of jewelry, from antique pieces to modern designs, with a particular emphasis on South Asian heritage. It sells rings, necklaces, bracelets, and bangles, alongside gold bars and other investment items. The site promotes itself as a destination for luxury jewelry and offers a blog with style advice and product information.

Financially, Mangla Jewellers Ltd presents a mixed picture. Cash reserves grew significantly, increasing by 32% to £1,000,000, while bank borrowings decreased by 46% to £12,000. Creditors, however, rose by 41% to £980,000, suggesting increased reliance on trade credit. Despite a decrease in property, plant, and equipment, net assets remained relatively stable at £150,000. The company’s small size—meeting two of three criteria for a small company—helps it maintain agility, but the increase in creditors warrants attention. No auditor is mentioned, likely due to the company’s exemption as a small entity.

Overall, Mangla Jewellers Ltd appears to be navigating a period of growth, but the rising debt levels suggest a need for careful financial management. The company’s online presence and focus on specialized jewelry indicate a potential for continued success, though the long-term sustainability depends on balancing growth with financial stability.

Registered in England/Wales under the registration number 10135238, with a registered address at BD7 3AQ, United Kingdom, Bradford, Yorkshire, 50 Horton Grange Road.

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