Powells Jewellery Ltd
- Small
- Active
- 6 years
- 19 employees
- £1,672,857 (assets)
- Real address
- 2 directors
- 2 owners
- Regular importer
- Family business
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
The directors list was changed 3 months ago, a good sign to sell them something.
Field of Operation
Website
Summary
Powells Jewellery Ltd, based in Chester, UK, is a small, active company founded six years ago in 2018. With nineteen employees and £1,672,857 in assets, it’s a family-run business operating an e-commerce site and regularly importing jewelry, precious stones, and metals – the last import was in February 2025. Two directors, Powell Gregory Jonathan and Powell William David, manage the company, which has two owners, though the full ownership picture is not exhaustive.
The company's website showcases a wide range of jewelry, from vintage pieces to bespoke designs, catering to both men and women. It offers a "Gift them the freedom to express their own style" and encourages customers to sign up for a newsletter for a 10% discount. The site highlights engagement rings, watches, and gift options, with a focus on sustainability and responsible sourcing. It even offers a "Powells Diamond Guide" and encourages customers to book appointments for personalized service. The website has a good selection of rings, necklaces, earrings and bracelets.
Financially, Powells Jewellery Ltd has seen some interesting trends. Cash bank on hand has fallen by a significant 65%, dropping to £150,000, while bank borrowings have increased. Creditors have also decreased slightly, suggesting a bit of better debt management. Net assets, however, have remained relatively stable. The company’s small size—meeting two of three criteria for a small company—helps with agility, but the decrease in cash reserves is something to watch. The company’s net current assets have also decreased by 12%. While the company is not audited, the figures are unaudited.
Overall, Powells Jewellery Ltd appears to be a well-established, family-run business navigating the challenges of a competitive market. The decrease in cash reserves is something to keep an eye on, but the company’s focus on quality, customer service, and responsible sourcing positions it well for continued success.
Registered in England/Wales under the registration number 11705049, with a registered address at CH1 1LF, England, Chester, 2 Eastgate Row South.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 4 years
- 2
- 25%+
-
Resident of United Kingdom
-
Individual
- 6 years
- 2
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 4 years
- 3
-
Resident of United Kingdom
-
Individual
- 6 years
- 2
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eight months ago.
Last news
-
Total exemption full accounts made up to 2024-08-31Download 11 pages pdf report
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Termination of appointment of Hazel Elizabeth Millington as a secretary on 2025-03-18Download 1 page pdf report
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Confirmation statement made on 2024-11-01 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Powells Jewellery Ltd
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