Rr Jewellers Ltd

Rr Jewellers Ltd, based in Stockton-On-Tees, UK, is a small, active company founded just three years ago. With eight employees and £220,339 in assets, it’s a family-run business led by two directors and a solo founder. The company operates an e-commerce site and enjoys a stellar 5.0 Google rating from 44 reviews. It’s an irregular importer, bringing in clocks, watches, and their parts for a couple of months, with the last import operation occurring in September 2023.

The company’s website, RR Jewellers, showcases a wide range of jewellery, watches, and related services. From engagement rings and wedding bands to luxury watches from brands like Rolex, Patek Philippe, and Omega, the site caters to a high-end clientele. It also offers bespoke design services and watch restoration, highlighting a commitment to craftsmanship and personalized customer experiences. The website’s layout is clean and professional, with clear navigation and high-quality product photography.

Financially, Rr Jewellers Ltd presents a mixed picture. While the company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, some numbers are concerning. Bank borrowings increased significantly, reaching £20,000, and cash reserves fell to £40,000—a substantial decrease. Creditors also rose, suggesting increased reliance on short-term financing. The company’s net assets are £140,000. It’s worth noting that the company is exempt from an audit, so the figures are unaudited.

Despite these financial pressures, Rr Jewellers Ltd maintains a strong online presence and positive customer reviews. The company’s focus on luxury goods and personalized service suggests a strategy of targeting a niche market. Whether this strategy will be enough to overcome the financial challenges remains to be seen, but the company’s commitment to quality and customer satisfaction is evident.

Registered in England/Wales under the registration number 13887665, with a registered address at TS15 9BH, England, Stockton-On-Tees, Cleveland, 55 High Street, Yarm.

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