Mirell Ltd

Mirell Ltd from Leeds UK is a small, active company founded four years ago. Operating from a virtual address, the company has two directors and two owners, and runs an e-commerce site. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50.

The company specialises in fine jewellery, with a focus on British craftsmanship and a regal aesthetic. Its website, Ksenia Mirella Jewellery, showcases collections like "ArtDeco," "Geo," and "Regal," alongside bespoke engagement rings and wedding bands. The site offers a wide range of products, from necklaces and bracelets to earrings and rings, and caters to an international clientele with a currency converter and extensive shipping options. The website also features a blog and a section dedicated to tailor-made treasures, highlighting the company's ability to create custom jewellery pieces.

Financially, Mirell Ltd’s recent report paints a concerning picture. Cash bank on hand has dropped significantly, decreasing by 79% to just £41. Creditors have increased by 5.3%, reaching £9,600, and net current assets and liabilities have also worsened, falling by 7.1% to -£9,600. Equity has also declined, with retained earnings and accumulated losses dropping to -£9,700. While the company's small size helps it remain agile, these trends suggest a need for careful financial management. The lack of any auditor mentioned—likely due to its small size—means the figures are unaudited.

Despite the financial challenges, the company's website shows a strong focus on branding and customer experience, suggesting a continued effort to attract and retain customers. Whether this will be enough to turn the financial tide remains to be seen.

Registered in England/Wales under the registration number 12882404, with a registered address at LS16 6QY, England, Leeds, Richmond House Lawnswood Business Park, Redvers Close.

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