Manja Jewellery Limited

Manja Jewellery Limited, based in London, UK, is a small, active company founded 10 years ago in 10 August 3014. It holds £36,375 in assets and operates from a real address in Green Street, London, with one director and one owner. The company has a Google rating of 3.0 based on a single review. Manja Jewellery Limited is an irregular importer, primarily dealing in jewelry, precious stones, and metals, with just one month of import activity recorded as of May 2016. The company operates in the wholesale of watches and jewellery industries.

The company’s website, Manja Jewellery, doesn’t appear to have an active e-commerce presence. Instead, it seems to function primarily as a wholesale operation, supplying retailers rather than selling directly to consumers. This is supported by the company’s description as a wholesale supplier of watches and jewellery.

Financially, Manja Jewellery Limited’s recent performance shows a mixed picture. Current assets have decreased by 15% to £36,000, while net assets have fallen 1.6% to -£150,000. Bank overdrafts have decreased by 62%, suggesting improved cash flow management, but cash reserves have also fallen by 31% to £5,800. Creditors have decreased by 3.8%, indicating better debt management, while trade debtors have fallen by a substantial 92%. 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 negative equity and falling cash reserves raise concerns. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company's significant losses, coupled with the decline in assets, suggest that it is burning through money. The decrease in trade debtors is a positive sign, but the overall financial picture indicates a need for careful management. It’s possible that the company is experiencing challenges in its wholesale operations, or that it’s facing increased competition.

Registered in England/Wales under the registration number 09176040, with a registered address at E7 8LE, London, 240 Green Street.

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