Serendipity Diamonds Limited

Serendipity Diamonds Limited, based in Ryde, UK, is a small, active company established eighteen years ago in 2006. With four employees and £193,339 in assets, it operates from a real address and is led by one director and owner. The company runs an e-commerce site, regularly importing jewelry, precious stones, and metals for three months, and exporting them for an impressive fifty-five months.

The website showcases a luxury jeweler specializing in diamond rings and bespoke designs. It offers a wide range of services, including engagement ring consultations, wedding band fittings, and diamond restoration. The site's extensive product listings—spanning solitaire rings, bubble rings, and even octopus rings—demonstrate a commitment to catering to diverse tastes and preferences. It also has a blog and social media presence, reinforcing its position as a trusted source of information and inspiration for jewelry enthusiasts.

Financially, Serendipity Diamonds shows a mixed picture. While bank borrowings decreased by 38%, bank overdrafts increased by a substantial 100% to £75,000—a potential cause for concern. Cash bank on hand, however, rose by 80% to £16,000. Creditors also decreased by 38%, suggesting better management of short-term liabilities. The company’s small size—meeting two of three criteria for being considered small—helps it remain flexible. Equity, however, took a hit, dropping by 270% to £3,800. The unaudited financial statements, as is common for small companies, rely on director-reported data.

Overall, Serendipity Diamonds appears to be navigating a period of change. The increased overdraft and decreased equity are worth keeping an eye on, but the company’s strong export history and diverse product offerings suggest a resilient business model.

Registered in England/Wales under the registration number 05972040, with a registered address at PO33 2PN, United Kingdom, Ryde, 186 High Street.

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