Nb Diamonds Limited

Nb Diamonds Limited, based in London, UK, is a small, active family business established eight years ago. With four employees and £802,353 in assets, it operates from a real address and is managed by two directors and owners, Bendayan Natalie and Bendayan Nathaniel. The company boasts a strong 4.0 Google rating from six reviews and regularly imports jewelry, precious stones, and metals—most recently in August 2024.

The company’s website, salesnbdiamonds.co.uk, showcases a wide range of diamond jewelry, including engagement rings, bracelets, and lab-grown options. It caters to both retail and trade customers, offering bespoke CAD work and in-house repairs. The site emphasizes quality, expertise, and ethically sourced diamonds, highlighting its commitment to British craftsmanship and a four-point focus: price, quality, service, and expertise. The website also has a section for pianos which is interesting.

Financially, Nb Diamonds Limited’s recent performance presents a mixed picture. Current assets have decreased by 7.7% to £800,000, while net assets have fallen by 27% to £46,000. Bank borrowings have increased by 100%, reaching £37,000, and cash reserves have dropped 6.5% to £37,000. Creditors have also decreased by 6.6%, which could indicate improved debt management. The company’s small size—meeting two of three criteria for a small company—helps it maintain flexibility. As a small company, it is exempt from an audit, and the financial statements are unaudited.

Overall, Nb Diamonds Limited appears to be navigating a period of change. While it maintains a strong online presence and a good reputation, the decrease in equity and cash reserves suggests it’s burning through money. Whether this is a temporary setback or a longer-term trend remains to be seen—but the company's focus on quality and service may help it weather the storm.

Registered in England/Wales under the registration number 10327920, with a registered address at EC1N 8SU, England, London, Office 41 28 Greville Street.

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