Prism Jewellery Design Limited

Prism Jewellery Design Ltd from Wiltshire, UK, is a small, family business with an active status, celebrating 25 years since its founding in 1999. The company employs twelve people and holds £490,216 in assets. It operates from a real address and is led by one director and two owners. Google reviews are excellent, boasting a 5.0 rating from two customers. The company regularly imports various base metals and cermets, with recent activity recorded four months ago.

The company specializes in handcrafted jewellery, with a strong emphasis on titanium and gemstone pieces. Its website showcases several divisions: the core "Prism Jewellery Design" offering titanium jewellery, the "Ti2" range with hypoallergenic designs, the "Milburn Ley" collection featuring gold and gemstones, and the "Contour Wedding Rings" line. The website also highlights services like jewellery design, manufacture, laser engraving, and bespoke work. It’s clear that Prism Jewellery Design is a full-service operation, catering to both retail and custom orders.

Financially, Prism Jewellery Design Ltd shows some concerning trends. Current assets decreased by 3.1% to £490,000, while net assets increased by 9.1% to £440,000. Cash reserves dropped 7.3% to £130,000, and bank borrowings increased. Creditors decreased by 39%, suggesting improved debt management, but the increase in bank borrowings is something to watch. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. There is no auditor mentioned, so the financials are unaudited.

Despite the positive Google rating and diverse offerings, the financial data suggests the company is facing some pressures. The increase in bank borrowings, while not alarming, could indicate a need for working capital or investment. The company’s long-standing presence and family ownership provide stability, but navigating the competitive jewellery market will require careful management.

Registered in England/Wales under the registration number 03810094, with a registered address at BA15 1LE, Wiltshire, Frome Road, Bradford On Avon.

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