Saffron Accessories Limited

Saffron Accessories Ltd from London UK: a small, active company founded 21 years ago, employs 12 people, and holds £140,233 in assets. It’s a real address with two directors and two owners, boasting a respectable Google rating of 4.0 from 45 reviews. The company is an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with just two months of import activity recorded in 2021.

The company operates a fashion accessories shop, offering a wide range of jewellery, including earrings, necklaces, bracelets, and rings, alongside other accessories like crystal items and evening bags. Its website, saffronaccessories.com, showcases a vibrant collection and emphasizes effortless style, with a focus on luxury and graceful glamour. The site offers free shipping on UK orders over £50 and highlights its commitment to customer service and unbelievable value.

Financially, Saffron Accessories Ltd presents a mixed picture. Current assets have increased by 22% to £140,000, while net assets have risen by 28% to £16,000. Bank borrowings have increased significantly by 150%, reaching £25,000, and cash reserves have decreased by 25% to £12,000. Creditors have increased by 40%, suggesting a need for careful management. The company meets the criteria for a small business, with a turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it’s exempt from an audit, so the figures are unaudited.

Overall, Saffron Accessories Ltd appears to be a resilient small business navigating a competitive market. While the increase in bank borrowings is a concern, the growth in assets and a strong online presence suggest a company with potential – although the sharp increase in creditors should be monitored closely.

Registered in England/Wales under the registration number 05131834, with a registered address at E20 1EJ, England, London, Unit Su0062, Westfield Shopping Centre Stratford, Montfichet Road.

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