Reef Jewelry Ltd

Reef Jewelry Ltd, based in Bedford, UK, is a small, family-run business with an active status. Founded fifteen years ago in 2010, the company employs four people and holds £214,579 in assets. It operates from a real address and is managed by two directors and two owners. Reef Jewelry is an irregular importer of jewelry, precious stones, and metals, with the latest import activity recorded one month ago in November 2024. The company’s website showcases a collection inspired by the sea and natural world, with a focus on marine life-themed jewelry crafted from precious metals.

The website features rings, necklaces, chains, and earrings, alongside collections like the Silver and Duo collections. It also highlights a separate venture specializing in piano restoration, a high-end business operating from Cambridge and even having a showroom in Harrods. The website’s design is clean and modern, emphasizing the brand's commitment to quality and craftsmanship.

Financially, Reef Jewelry Ltd shows a mixed picture. Current assets declined by 12% to £210,000, while net assets increased by 15% to £74,000. Bank borrowings decreased by 53%, reaching £33,000, and cash reserves increased by 48% to £20,000. Creditors decreased by 49%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible. The company’s unaudited financial statements, which do not mention an auditor, rely on director-reported data.

In short, Reef Jewelry Ltd appears to be navigating its financial landscape well, benefiting from its niche focus and family-run nature. The company’s dual ventures—jewelry retail and piano restoration—present a unique blend of craftsmanship and commercial activity, though whether they can sustain each other long-term remains to be seen.

Registered in England/Wales under the registration number 07229813, with a registered address at MK40 2TH, Bedford, 2 The Broadway.

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