Mystical Stones Limited

Mystical Stones Limited, based in Bracknell, UK, is a small, active company founded just three years ago in December 2021. With a real registered address and a Google rating of 5.0 from 304 reviews, it operates an e-commerce site selling jewelry, precious stones, and metals. The business is run by a single director and owner, employs one person, and holds £345,559 in assets. It’s an irregular importer, with just one month of import activity recorded as of July 2023.

The company’s website, Mystical Stones, appears to be a retail operation focused on metaphysical supplies. It’s a small business, operating in the other retail sale in non-specialised stores industries. The site emphasizes unique crystals, gemstones, and spiritual tools, catering to a niche market. While the website is active, it’s unclear how much of the business is driven by online sales versus other channels.

Financially, Mystical Stones Limited presents a mixed picture. Cash reserves jumped a substantial 77% to £300,000, a positive sign of improved liquidity. However, net losses deepened to -£23,000, and dividends paid increased dramatically by 440% to £65,000, potentially indicating a desire to reward the owner. Trade creditors also rose by 28% to £190,000, which could be a result of increased purchasing activity. 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 stay nimble, but the increased losses and dividend payments suggest a need to carefully manage cash flow. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Mystical Stones Limited seems to be a growing business, but it’s important to monitor its financial performance closely. The company’s success will depend on its ability to maintain strong customer reviews, manage its inventory effectively, and control its expenses.

Registered in England/Wales under the registration number 13794318, with a registered address at RG42 6EJ, England, Bracknell, Unit 11f Moss End Garden Village, Maidenhead Road, Warfield.

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