Schmuck Silver Ltd

Schmuck Silver Ltd is a small, active company based in Uxbridge, UK, founded two years ago in 2022. It’s a solo-founded operation with a single director and owner, Kaur Preet, and operates an e-commerce site. The company holds £30,561 in assets and has a real registered address, with only one other company registered at the same location. It’s a regular importer, primarily of jewelry, precious stones, and metals, with three months of import activity recorded as of January 2025. The company's website, Schmuck Basar, specializes in 925 sterling silver connectors, findings, and jewelry, catering to designers and retailers across Europe.

The website showcases a wide range of products, from connectors and earwires to rosary chains and stone earrings, with a focus on quality and competitive pricing. It even offers a self-play system for pianos, which is interesting. The company emphasizes industry expertise and outstanding service, with a clear focus on reaching customers throughout Europe.

Financially, Schmuck Silver Ltd presents a mixed picture. While it’s a small company (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), its equity is negative at -£36, and net assets are a meager £64. Cash reserves are steady at £11,000, but trade creditors have increased to £29,000, and bank borrowings are at £1300. The company's accounts are unaudited and classified as "filleted," meaning they are simplified and rely on director-reported data.

The company's financial situation suggests it’s operating on a tight margin, and it’s likely reinvesting profits back into the business. The lack of employees (zero reported) points to a lean operation, and the negative equity indicates that the business has been burning through cash. Whether this is a typical startup phase or a longer-term challenge remains to be seen, but Schmuck Silver Ltd appears to be focused on building its brand and serving its niche market of jewelry designers and retailers.

Registered in England/Wales under the registration number 14371639, with a registered address at UB8 3LH, England, Uxbridge, 22 Old Orchard Close.

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