Ram Jewellers Limited

Ram Jewellers Limited, a small, active company established 33 years ago, operates from a real address in Leicester, UK. Founded by a solo entrepreneur, Visram Mahul, the business now employs nine people and holds assets valued at £4,431,365. It's overseen by three directors, with Visram Mahul also serving as the owner. The company’s core business involves wholesale of watches and jewellery, and it occasionally imports jewelry, precious stones, and metals, with the last import operation occurring in October 2024.

The company’s website is minimal, indicating a focus on business-to-business operations rather than direct consumer sales. It’s likely that Ram Jewellers Limited operates primarily through wholesale channels, supplying retailers and other businesses with jewellery and related products. The lack of a robust online presence suggests a traditional business model, relying on established relationships and trade shows rather than digital marketing.

Financially, Ram Jewellers Limited presents a mixed picture. While current assets decreased by 21%, falling to £4,400,000, net assets increased by 11%, reaching £1,200,000. Bank borrowings saw a significant drop of 17%, reducing to £1,000,000, and cash reserves experienced a substantial increase of 30%, reaching £29,000. Creditors also decreased by 27%, suggesting improved debt management. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. However, the decrease in current assets could be a cause for concern, potentially indicating slower sales or increased inventory levels. The company's financial statements are unaudited, and no auditor is mentioned, which is common for small companies. The significant decrease in the amount specific advance or credit made to directors also stands out.

Registered in England/Wales under the registration number 02677083, with a registered address at LE4 5AT, 116 Belgrave Road, Leicester.

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