Me Encanta Jewellery Limited

Me Encanta Jewellery Limited is a small, active company based in Bexleyheath, UK, established eighteen years ago in 2007. The company, a family business, employs just two people and holds £83,546 in assets. It operates from a virtual address – twenty-one other companies are registered at the same location – and is overseen by two directors and two owners, although the list of owners changed two years ago. The business specializes in retail sales through mail order and online channels.

The company's website, Me Encanta Trade, primarily caters to wholesale customers. It features a range of jewellery and accessories and encourages applications for wholesale accounts. The site emphasizes free shipping on orders over £300 and highlights the benefits of a wholesale partnership. It's clear they're focused on B2B sales rather than direct-to-consumer retail.

Financially, Me Encanta Jewellery Limited presents a mixed picture. While current assets increased by 72% to £84,000, net assets decreased significantly by 570% to -£7,100. Creditors have risen considerably by 85%, reaching £92,000, and cash bank on hand increased by 39% to £40,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it avoids more rigorous reporting requirements. There's no mention of an auditor, likely due to its status as a small company. The increase in creditors, combined with the negative equity, suggests the company is relying on credit to keep operations running, but the rise in cash is a positive sign. It's a bit worrying, though.

Registered in England/Wales under the registration number 06101769, with a registered address at DA7 6DF, Bexleyheath, Kent, 38 Lyndhurst Road.

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