Seek And Find Jewellery Ltd

Seek And Find Jewellery Ltd from Craigavon UK: a small, active company founded seven years ago, employs one person, and holds £25,978 in assets. It’s a family business with two directors and two owners, operating from a real address. The company is an irregular importer, bringing in jewelry, precious stones, and metals roughly once a month, with its last import operation occurring in July 2023.

The business, registered as NI652881, operates a retail jewelry store, and its website, davidsearchjewellers.co.uk, showcases a long history—dating back to 1860—and a focus on high-quality, handmade jewelry. It’s a fine jeweler specializing in diamonds and offering bespoke pieces, alongside pre-owned items and watches from brands like Patek Philippe and Rolex. The company also has a partnership with ChloBo, selling their designer bracelets and charms. It even offers piano restoration services through its 1066 Pianos division.

Financially, Seek And Find Jewellery Ltd’s numbers paint a mixed picture. While cash bank on hand dropped by 38% to £6,900, creditors increased by 30% to £48,000. Net assets declined significantly, falling 100% to -£20,000. Trade debtors decreased by a whopping 87%, which could be a positive sign of improved collections. The company meets the criteria to be classified as small, with turnover under £10.2 million, assets under £5.1 million, and just one employee. No auditor is mentioned, likely due to its small size.

The sharp drop in equity suggests the company is burning through cash, possibly due to increased costs or slower sales. However, the decrease in debtors could indicate better financial management. The company's long-standing reputation and diverse offerings—from bespoke jewelry to piano restoration—suggest resilience, but the financial pressures require close attention.

Registered in Northern Ireland under the registration number NI652881, with a registered address at BT67 0TQ, United Kingdom, Craigavon, 8 Glebe Way, Moira.

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