Satyan Jewellers Limited

Satyan Jewellers Limited is a small, active family business based in Harrow, UK, founded 26 years ago in 1998. With four employees and £5,970,760 in assets, it operates from a real address and is managed by two directors and two owners. The company regularly imports jewelry, precious stones, and metals, with 19 months of import activity recorded, the last in October 2021.

The company’s website, Satyam Gems and Jewellery, presents itself as a 100 jewellery store, emphasizing a wide range of stunning designs, guaranteed purity, and a pleasant shopping experience. It's an ISO 9001 2008 certified retailer, boasting high creditworthiness and offering BIS Hallmarked Gold Jewellery and diamond certificates. Customers can even use a karat meter to check gold purity, and the company offers customized jewellery making services. The website also highlights a variety of designs, including Rajasthani Kundan, Delicate Filigree, and Temple Jewellery, catering to a discerning clientele.

Financially, Satyan Jewellers Limited shows some interesting trends. Current assets decreased by 4.2% to £6,000,000, while net assets increased by 1.0% to £7,400,000. Bank borrowings decreased significantly by 69%, down to £10,000, and cash reserves jumped 88% to £310,000. Creditors also decreased by 79%, suggesting improved debt management. 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 flexible. Although the company has seen some changes in its management, it’s still a family-run operation. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Satyan Jewellers Limited appears to be in a relatively healthy position, with strong cash reserves and reduced debt. The company’s focus on quality, customization, and customer service positions it well in the competitive jewellery market, although it’s important to monitor the trends in current assets and creditors to ensure continued financial stability.

Registered in England/Wales under the registration number 03600719, with a registered address at HA1 2EY, England, Harrow, Middlesex, Bank House, 7 St. Johns Road.

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