Riviera Jade Ltd

Riviera Jade Ltd, based in Manchester, UK, is a small, active company founded four years ago. Despite a perfect 5.0 Google rating from 21 reviews, the company currently has accounts overdue by one month and employs just one person. With £50,666 in assets and a real address, it’s a solo founder operation led by a single director and owner. The company operates an e-commerce site specializing in luxury homeware, with a focus on tables, mirrors, and lighting. It's an irregular importer, bringing in furniture, lighting, and prefabricated buildings, with the last import operation occurring two months ago.

The Riviera Jade website showcases a wide range of products, from modern coffee tables to decorative mirrors and artificial flowers. The site heavily emphasizes luxury and style, with frequent calls to action like "Shop Now" and "Give Them Home Envy." It also features a blog with content focused on interior design tips and product recommendations, aiming to establish the company as a style authority. The site's design is clean and visually appealing, with high-quality product photography and a user-friendly navigation system.

Financially, Riviera Jade Ltd's recent performance presents a mixed picture. Cash bank on hand has fallen significantly, dropping 70% to just £2,400. Bank borrowings have also decreased, falling 33% to £4,000. However, creditors have increased substantially, rising 57% to £63,000. The company’s net assets are now at -£17,000, a sharp increase from -£3,400. 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 agile, but the decline in equity suggests it’s burning through cash. The lack of an auditor (likely exempt as a small company) means the figures are unaudited.

While the e-commerce site appears well-designed and receives positive reviews, the financial data indicates a company facing challenges. The increase in creditors and the decrease in cash reserves suggest Riviera Jade Ltd may be relying on credit to keep operations running. Whether the company can turn things around will depend on its ability to generate sales and manage its finances effectively.

Registered in England/Wales under the registration number 13106182, with a registered address at M29 7BQ, England, Manchester, 553 Manchester Road, Tyldesley.

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