Sea Gems Limited

Sea Gems Ltd from Cornwall, UK, is a long-standing family business with an active status, having been established 62 years ago in 1962. Employing 11 people, the company holds assets totaling £2,002,758. It operates from a real address and is overseen by five directors and two owners. A regular importer of jewelry, precious stones, and metals (139 months of import activity, last in February 2025), Sea Gems Ltd also exports these goods (16 months of export activity, last in February 2025).

The company’s core business revolves around the manufacture of jewellery and related articles, operating as a wholesale jeweller. While a website isn't available for direct analysis, the company’s longevity and established import/export activities suggest a well-defined operational model.

Financially, Sea Gems Ltd presents a mixed picture. Current assets have decreased by 5.2% to £2,000,000, while bank cash has fallen by 11% to £700,000. Trade debtors have also decreased by 11%, which could indicate improved collection efficiency. However, financial commitments have increased significantly by 150%, potentially reflecting investments or increased operational expenses. The company’s small size (meeting two of three conditions for being considered small: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in financial commitments warrants attention. The company’s net assets remain stable at £1,400,000. As a small company, it is exempt from an audit, and the financial data is unaudited. It's likely the company is navigating a period of investment or expansion, which could explain the increased financial commitments, but it's important to monitor these trends closely.

Registered in England/Wales under the registration number 00744915, with a registered address at TR1 2NS, Cornwall, C/O Pooleys 45 Lemon Street, Truro.

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