Monark Global Limited

Monark Global Ltd is a small, active company founded 25 years ago in 2000, based in London. With £388,630 in assets and a virtual address, the company is managed by seven directors and one owner. It’s a regular importer of jewelry, precious stones, and metals, with 166 months of import activity recorded, the latest in January 2025. It exports very little, with only one month of export activity recorded back in June 19.

The company's core business, as revealed on its website, is acquiring and developing online brands, aiming to grow them into leaders in their respective niches. It operates several e-commerce brands, including TruDiamonds (sustainable lab-grown gemstone jewelry), EternallyTru (engagement rings with lab-grown gems), Violet Jordan (makeup for women over 50), and TruLuxe Competitions (luxury jewelry and designer bag giveaways). The company’s website also mentions a physical address in Tonyrefail, Wales, but it’s likely a shared workspace.

Financially, Monark Global Ltd shows some concerning trends. Creditors increased significantly by 31% to £470,000, while cash reserves fell 63% to £33,000. Net assets declined by 44% to £510,000, and bank borrowings increased by 10% to £130,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the drop in equity and reliance on bank borrowing suggests it’s burning through cash. The lack of an auditor (likely exempt as a small company) means the figures are unaudited.

Despite these financial pressures, Monark Global Ltd appears to be actively developing its portfolio of online brands, leveraging the growing demand for sustainable jewelry and catering to specific demographics like women over 50. Whether it can sustain this growth while managing its finances remains to be seen.

Registered in England/Wales under the registration number 03977053, with a registered address at W1W 8DH, 27-28 Eastcastle Street, London.

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