Rhinestones Online International Limited

Rhinestones Online International Ltd from Bury UK is a small, active company founded nine years ago. With £42,269 in assets and a real address, it’s a relatively modest operation managed by two directors and a single owner. The company operates an e-commerce site and enjoys a stellar 5.0 Google rating based on 23 reviews.

The business specializes in the retail sale via mail order and internet, focusing on high-quality crystals and embellishments. Its website, Rhinestones Online, showcases a wide range of products, including Preciosa Czech Crystal, Aurora Crystals, and DMC Diamantes, catering to diverse budgets and creative projects. They even supply major names like Rihanna and Kylie Minogue, providing custom crystal embellishments for their performances. The site also features a "Treasure Chest" section with discounted or discontinued items, and an "Imaginarium" showcasing customer creations.

Financially, Rhinestones Online International Ltd shows a mixed picture. Accumulated amortisation impairment for intangible assets increased to £9,000, while bank borrowings decreased slightly to £9,800. Cash bank on hand increased by 75% to £1,500, but creditors rose significantly to £9,800. Net assets dropped considerably to £6,400, and net current assets plummeted to £3,200. Trade debtors increased by 71% to -£82, a concerning trend. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, relying on unaudited accounts prepared by Whittaker Accountants Ltd.

While the company appears to be well-regarded by its customers, the financial data suggests a period of tightening. The increase in creditors and decrease in net assets could indicate challenges in managing cash flow, though it’s possible these are temporary fluctuations.

Registered in England/Wales under the registration number 10050901, with a registered address at BL2 6RA, England, Bolton, 67 Bradley Lane, Bradley Fold.

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