Sanam Jewellers Ltd

Sanam Jewellers Ltd, based in Harrow, UK, is a small, active company founded eight years ago. With seven employees and £907,415 in assets, it’s a family-run business led by a solo founder and overseen by one director and two owners. The company enjoys a stellar 5.0 Google rating from 128 reviews, a testament to its customer service. Sanam Jewellers primarily imports jewelry, precious stones, and metals, though its import activity has been irregular, with just one month of imports recorded as of September 2018.

The company's website showcases a range of jewelry, including bridal and gold collections, alongside a “New Arrivals” section. It positions itself as a provider of “professional touch” jewelry, highlighting a history of serving clients and helping them grow their businesses. The site includes contact details, a physical address, and a brief description of its services. A section titled "How can I help you?" suggests a focus on customer service and personalized assistance.

Financially, Sanam Jewellers Ltd presents a mixed picture. Current assets have fallen by 24% to £910,000, and net assets have declined by 6.6% to £180,000. Bank borrowings have decreased by 51% to £13,000, and cash reserves have plummeted 94% to just £4,600. Creditors have also decreased by 51% to £13,000, which could indicate improved debt management. Loans from directors, however, have surged by 5,400% to £50,931. 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 flexible, but the significant drop in cash reserves and the increase in loans from directors raise concerns. No auditor is mentioned, meaning the financial statements are unaudited.

Overall, Sanam Jewellers Ltd appears to be navigating a period of financial adjustment. While its strong Google rating and focus on customer service suggest a healthy retail operation, the declining cash reserves and increasing reliance on director loans warrant close monitoring.

Registered in England/Wales under the registration number 10397619, with a registered address at HA1 1BQ, England, Harrow, 3rd Floor Vyman House, 104 College Road.

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