Pearce & Sons (melton) Limited

Pearce & Sons (Melton) Limited, based in Melton Mowbray, UK, is a small, active company founded 23 years ago. With 11 employees and £1,322,498 in assets, it’s a well-established local business. The company, led by three directors and two owners, boasts a stellar 5.0 Google rating from 52 reviews, a testament to its customer service. It regularly imports jewelry, precious stones, and metals—17 months of import activity recorded, with the latest in February 2025.

The company operates retail jewelry stores in Melton Mowbray, Oakham, and a contemporary store in Melton Mowbray, offering a wide range of watches and jewelry. Its website highlights a focus on quality products, excellent service, and competitive pricing, catering to both fashion-conscious shoppers and those seeking special occasion gifts. The business also offers services like watch repairs and bespoke jewelry design, further enhancing its appeal to local customers.

Financially, Pearce & Sons (Melton) Limited shows a mixed picture. Cash bank on hand increased dramatically by 1300%, reaching £20,000, a positive sign of improved liquidity. However, creditors rose by 9.3% to £390,000, suggesting increased reliance on trade credit. Bank borrowings decreased by 42%, to £15,000, which is a good sign. Debtors decreased by 52%, which could be a good thing, or it could mean they aren't selling as much. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the changes in creditors and debtors warrant closer monitoring. As a small company, it’s exempt from an audit, so the figures are unaudited.

Overall, Pearce & Sons (Melton) Limited appears to be navigating a dynamic market, maintaining a strong reputation while managing its financial obligations. The company’s longevity and positive customer reviews suggest a resilient business model, but the financial trends indicate a need for careful attention to cash flow and debt management.

Registered in England/Wales under the registration number 04369346, with a registered address at LE13 0TP, England, Melton Mowbray, 9-10 Cheapside.

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