Metzi Ltd

Metzi Ltd is a small, family-run e-commerce business based in London, UK, founded two years ago. It’s an active company with £1,147 in assets and a virtual address, managed by four directors and two owners. The company operates an online store selling black jewellery – rings, pendants, chains, bracelets, and earrings – and ships internationally.

The website, themetzicollective.com, showcases a wide range of black titanium jewellery, emphasizing mystery and individuality. It offers free shipping options, a 12-month warranty, and easy returns and exchanges. The site also highlights the company’s commitment to quality, with blog content detailing the manufacturing process and a focus on escaping the ordinary.

Financially, Metzi Ltd’s recent performance is a mixed bag. Cash bank on hand increased by a significant 260%, reaching £1,100, while creditors saw a substantial rise, with those due within a year increasing by 130% to £13,000. Equity, however, is in the negative, with retained earnings and accumulated losses totalling -£14,000. Net current assets and liabilities remain unchanged at -£12,000. The company’s small size (meeting two of three conditions for a small company) helps keep overhead low, but the negative equity is concerning. No auditor is mentioned, as the company is exempt due to its size, and the financial statements are described as “filleted.”

The increase in creditors suggests the company may be relying on credit to fund its operations, which can be risky. It’s possible the recent growth in online sales hasn’t yet translated into consistent profitability. The company's focus on a niche market and its distinctive branding could be key to its long-term success, but careful financial management will be essential.

Registered in England/Wales under the registration number 14199229, with a registered address at WC2H 9JQ, United Kingdom, London, 71-75 Shelton Street, Covent Garden.

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