Marose Jewels Ltd

Marose Jewels Ltd is a small, active company based in Harrow, UK, founded ten years ago in 2014. It's a solo-founded operation with one director and owner, employing just one person and operating from a virtual address shared by 140 other companies. The company’s core business involves retail sale via mail order houses or via internet.

The company’s website, Marose Jewels, showcases a range of jewellery, including rings, necklaces, and bracelets, with a focus on gemstone pieces. While the site appears to be an e-commerce platform, it lacks detailed product descriptions and high-quality images, suggesting a more basic online presence. It’s not clear how much business is done through the website, but the company operates in the retail sale via mail order houses or via internet industries.

Financially, Marose Jewels Ltd presents a concerning picture. Current liabilities increased by 14%, reaching £4,100, while net assets dropped significantly to -£4,100. Cash reserves plummeted 58%, falling to just £40. Trade creditors also rose by 13%, reaching £3,900. Although the company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, the declining equity and dwindling cash reserves raise serious questions. The company’s accountant, MG Group Professional Services Ltd, has issued an unaudited report, stating that the accounts have been prepared using the historical cost convention.

In short, Marose Jewels Ltd is struggling financially. The lack of a robust online presence and the negative equity suggest a business facing significant challenges. The company’s future depends on its ability to generate sales and manage its debts effectively—although the current trends don’t look promising.

Registered in England/Wales under the registration number 09071853, with a registered address at HA1 1BH, United Kingdom, Harrow, Middlesex, 3rd Floor 166 College Road.

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