Samuel Jones Pearls Limited

Samuel Jones Pearls Ltd from London UK: small company, active status, founded 8 years ago, 5 employees, £484,180 assets, virtual address, 2 directors, 2 owners, family business. Regular importer of jewelry, precious stones, and metals (8 months imported). It’s a small, family-run business with an active trading status. Founded eight years ago, the company employs five people and holds £484,180 in assets. With a virtual registered address and two directors at the helm, it’s a close-knit operation. The firm regularly imports jewelry, precious stones, and metals, with 8 months of import activity recorded, the latest in August 2024.

Samuel Jones Pearls Ltd operates as a wholesale pearl supplier, specializing in hand-selected freshwater, cultured, Tahitian, and South Sea pearls. Their website showcases a wide range of jewelry, including brooches, bangles, earrings, necklaces, rings, and cufflinks, all crafted with 9ct and 18ct gold. They also offer bespoke services like stringing and repairs, and even have an in-house UK design team producing high-quality manufacturing. The company’s website also mentions a history of over 100 years, and a showroom in Harrods, London.

Financially, Samuel Jones Pearls Ltd shows some concerning trends. Current assets have fallen by 41%, dropping to £480,000, while net assets have increased by 17%, reaching £230,000. Cash reserves have plummeted 74%, falling to £96,000, and bank borrowings have increased significantly. Creditors have also decreased by 57%, which is a positive sign. 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 stay agile, but the sharp cash drop raises questions about its ability to meet its short-term obligations. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Samuel Jones Pearls Ltd is facing some financial pressures, despite its long history and established reputation. The company’s ability to maintain its position in the market will depend on its ability to manage its cash flow and adapt to changing market conditions.

Registered in England/Wales under the registration number 10537234, with a registered address at GL56 9QF, England, Moreton In Marsh, Gloucestershire, Office 3 Batsford Estate, Batsford.

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