Memara Ltd

Memara Ltd from Barford St. Michael UK is a small company with an active status, founded four years ago. It’s a solo venture employing just one person and holding £65,571 in assets, operating from a real address. With one director and one owner, it functions as an e-commerce site, regularly importing jewelry, precious stones, and metals—a trend observed over the past five months.

The company’s website, Memara Jewellery, showcases a wide range of handmade gemstone jewelry, catering to diverse tastes and currencies. From hoops and studs to necklaces and rings, the site offers a curated selection, emphasizing individuality and British craftsmanship. It also features a blog with content reinforcing its expertise in safety solutions. The website's currency options are extensive, supporting dozens of countries and currencies.

Financially, Memara Ltd presents a mixed picture. Current assets have decreased by 24%, dropping to £66,000, while net assets have also declined, falling 17% to £21,000. Cash reserves have taken a significant hit, decreasing 79% to just £14,000. Trade debtors have increased substantially, jumping 590% to £26,000, which could indicate a growth in sales but also potential issues with payment collection. On the positive side, creditors have decreased by 31%, suggesting improved debt management. As a small company (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), it benefits from agility, but the sharp decline in cash reserves raises concerns. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Memara Ltd is navigating a period of change. While its e-commerce site appears active and well-designed, the financials reveal some pressure. Whether it can maintain its growth trajectory remains to be seen—but for now, Memara Ltd is banking on its unique jewelry offerings and customer satisfaction to steer the business forward.

Registered in England/Wales under the registration number 13120524, with a registered address at OX15 0RJ, England, Barford St. Michael, Oxfordshire, Old Vicarage, South Newington Road.

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