Ring Jewellers Limited

Ring Jewellers Limited, based in Brighton, UK, is a small, family-run business with an active status. Founded ten years ago in 2015, the company employs five people and holds £271,327 in assets. It operates from a real address in The Lanes, Brighton, and is led by one director and two owners. The company is a irregular importer, primarily dealing in jewelry, precious stones, and metals, with the last import activity recorded over two years ago in November 2022.

The company's website, ringjewellers.co.uk, showcases a bespoke jewelry service. It specializes in creating custom engagement and wedding rings, as well as offering jewelry remodelling and working with coloured stones. The website emphasizes talented designers, goldsmiths, and stone setters who work together to turn customer dreams into reality. It highlights competitive pricing, a wide choice of metals and gemstones, and a 100% satisfaction guarantee—a bold promise in the luxury goods market. The site also features testimonials from satisfied customers, praising the professional service and unique designs.

Financially, Ring Jewellers Limited presents a mixed picture. Current assets increased by a modest 7.5% to £270,000, while net assets remained steady at £120,000. However, bank borrowings decreased by 28% to £13,000, and cash reserves surged by a significant 150% to £23,000—a welcome boost. Creditors, however, increased by 12% to £150,000, which could indicate increased investment in inventory or expansion. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain agile. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, Ring Jewellers Limited appears to be a financially stable, albeit small, business. The company's focus on bespoke design and customer satisfaction, combined with its strong online presence, suggests a sustainable business model. However, the increase in creditors should be monitored closely to ensure the company maintains its financial health.

Registered in England/Wales under the registration number 09406608, with a registered address at BN1 1HB, England, Brighton, 21 Meeting House Lane.

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