Metal Exchange Limited

Metal Exchange Limited, based in Birmingham, UK, is a small, active company founded seven years ago in 2017. It employs just two people and holds £4,979,891 in assets, operating from a real address in the Jewellery Quarter. The business is led by two directors, including Kumar Prem, and is owned by Kumar Prem. It has a respectable Google rating of 4.0 based on 97 reviews. The company primarily imports jewelry, precious stones, and metals, though its import activity is irregular, with the last operation occurring just one month ago in June 2024. Metal Exchange Limited operates in the wholesale of watches and jewellery industries.

The company’s website, while not providing detailed e-commerce functionality, highlights its focus on sourcing and supplying metals and gemstones. It emphasizes quality, competitive pricing, and a commitment to ethical sourcing—key differentiators in the jewellery supply chain. While the site doesn't showcase a traditional online store, it serves as a business-to-business platform for connecting with potential clients.

Financially, Metal Exchange Limited presents a mixed picture. Cash bank on hand increased by 37% to £19,000, which is good. However, creditors have risen significantly by 50% to £4,500,000, suggesting increased reliance on trade credit. Debtors have also increased substantially, by 62% to £2,500,000, which could indicate delayed customer payments or a strategic move to offer more credit terms. Net assets have fallen slightly by 5.1% to £460,000. Despite these pressures, the company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain agile. The company’s profit loss remained steady at £230,000. With no auditor mentioned, the figures are unaudited.

Overall, Metal Exchange Limited appears to be navigating a period of growth, but with increased financial leverage. The company’s focus on sourcing and supplying metals and gemstones, coupled with its established presence in the Jewellery Quarter, positions it well for continued success—though careful management of its creditors and debtors will be crucial.

Registered in England/Wales under the registration number 10818695, with a registered address at B1 3JR, England, Birmingham, 21 Graham Street, Jewellery Quarter.

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