Olivia & Pearl Ltd

Olivia & Pearl Ltd, based in London, UK, is a small, active company founded eight years ago in 2016. With two employees and £1,203,007 in assets, it operates from a virtual address – thirty-five companies registered at the same location, which is a bit unusual. The company is led by two directors and has one owner, Smith Olivia Laura. It runs an e-commerce site and regularly imports jewelry, precious stones, and metals, with its last import activity recorded three months ago in November 2021.

The company's website showcases a range of pearl jewelry, from classic designs to contemporary pieces, and even offers a "Pearl Gift Shop" with curated collections. It emphasizes sustainability, hand-picked pearls, and British craftsmanship, with a focus on empowering women through beautiful accessories. The website also highlights a commitment to customer service, offering free delivery, easy returns, and in-house repairs.

Financially, Olivia & Pearl Ltd’s recent performance presents a mixed picture. Accumulated amortisation impairment intangible assets increased by 1900, while bank borrowings increased by 150%. Cash bank on hand rose by 43% to £100,000. Creditors increased significantly, by 67%, to £130,000, and trade debtors also increased, by 27%. Equity, however, took a hit, dropping 32% to £500,000. The company meets the criteria to be classified as small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There's no auditor mentioned, so the financial statements are unaudited.

Overall, Olivia & Pearl Ltd appears to be navigating a period of growth and change. While the increase in creditors and the decrease in equity are concerning, the company's strong online presence and focus on quality suggest it has potential to overcome these challenges. It's likely that the company is reinvesting in its business, which could explain some of the financial fluctuations.

Registered in England/Wales under the registration number 10526595, with a registered address at W1K 1QW, England, London, 4 Old Park Lane, Mayfair.

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