Peacock Jewellery Ltd

Peacock Jewellery Ltd, based in Wigan, UK, is a small, active company founded four years ago. It’s a family-run operation with one employee and £308 in assets, operating from a real address and managed by two directors and two owners. The company runs an e-commerce site specializing in fine jewellery design.

The website showcases a range of rings, stones, and bespoke pieces, drawing inspiration from Indian craftsmanship. It highlights a ready-to-wear collection of gold, diamond, and gemstone rings, alongside custom-made designs. The site also features a piano restoration division, 1066 Pianos, operating from Cambridge and even boasting a showroom in Harrods—a surprising diversification from the jewellery focus.

Financially, Peacock Jewellery Ltd presents a mixed picture. Net assets have plummeted by 91%, falling to just £150, while current assets have drastically reduced by 90%, leaving only £310. Cash reserves are down 80%, sitting at a meagre £27. Trade debtors have increased, suggesting potential delays in customer payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) keeps it nimble, but the significant equity decline is concerning. No auditor is mentioned, indicating exemption as a small company, and the accounts are unaudited.

It seems the company is facing some financial headwinds, though the diversification into piano restoration could offer a potential avenue for growth. It’s a tightrope walk for Peacock Jewellery Ltd, balancing its jewellery business with a high-end piano venture, all while navigating a challenging financial landscape.

Registered in England/Wales under the registration number 12761753, with a registered address at WN5 8QB, England, Wigan, 92 Spring Road, Orrell.

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