Pearl Jewellery Limited

Pearl Jewellery Limited, based in Chelmsford, UK, is a small, active company founded two years ago. With two employees and £70,495 in assets, it’s a solo-founder operation led by a single director and owner, Arkut Egemen. The company operates an e-commerce site selling pearl jewellery, boasting a 4.0 Google rating from six reviews. It's an irregular importer of jewelry, precious stones, and metals, with the last import activity occurring two months ago.

The company's website, The Pearl Company, showcases a wide range of pearl jewellery, from necklaces and earrings to rings and bracelets. It caters to both men and women, offering classic and contemporary designs. The site emphasizes quality, craftsmanship, and personalized service, with options for tailor-made jewellery and restringing services. It even has a section for museum-grade piano restoration, which is a bit surprising.

Financially, Pearl Jewellery Limited shows a mixed picture. While current assets remain stable at £70,000, equity has taken a hit, dropping to -£36,000. Bank borrowings have increased, reaching £29,000, and cash reserves are low at £5,500. Creditors have also risen, reaching £110,000. The company meets two of the three criteria to be considered small, with a turnover under £10.2 million and assets under £5.1 million. Being exempt from an audit, the financial information is unaudited.

The company's financial situation suggests it's burning through cash, likely a common challenge for startups. While the e-commerce site appears active and well-reviewed, the negative equity and reliance on bank borrowings raise concerns about its long-term viability. It's a small business, though, and can hopefully turn things around.

Registered in England/Wales under the registration number 14812871, with a registered address at CM2 0UU, England, Chelmsford, 3 Barrack Square.

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