Old English Jewellers Limited

Old English Jewellers Limited, based in Rochdale, UK, is a small, active company founded eight years ago in 2017. With six employees and £667,368 in assets, it’s a modest operation led by one director and two owners. The company boasts a 2.0 Google rating from 69 reviews, indicating room for improvement, and regularly imports jewelry, precious stones, and metals—a consistent pattern over the past 35 months, with the latest import occurring in January 2025. It operates in the other service activities n.e.c. industries.

While no website is listed, the company’s activities likely involve retail sales, possibly through a physical store or local markets, given the import focus. It's difficult to determine the extent of any e-commerce presence without further information.

Financially, Old English Jewellers Limited presents a mixed picture. Current assets have increased by a substantial 74%, reaching £670,000, which is good news. However, net assets also increased by 110%, rising to £280,000, but creditors have surged by 55%, now at £390,000—a concerning trend. Cash reserves have fallen by 29%, leaving £95,000, and bank borrowings are not mentioned. The company meets two of three criteria to be classified as a small company: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The accounts are abridged and unaudited, with no auditor mentioned, and the company is exempt from an audit.

The increase in creditors suggests the company may be relying more on credit to manage its operations. The rise in assets, however, indicates growth in inventory or other holdings. The company has taken exemption under the Companies Act, not publishing its own profit loss account. Overall, Old English Jewellers Limited seems to be growing, but the increasing debt load warrants close monitoring.

Registered in England/Wales under the registration number 10686508, with a registered address at OL11 3LF, England, Rochdale, 36 Crescent Road.

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