Shree Hari Jewellers Limited

Shree Hari Jewellers Ltd from Harrow UK is a small company with an active status, founded fifteen years ago in 2009. It employs three people and holds £1,126,073 in assets, operating from a virtual address. The company has four directors and two owners, and it runs an e-commerce site with a stellar Google rating of 5.0 based on 226 reviews. It’s an irregular importer of jewelry, precious stones, and metals, with just two months of import activity recorded, the last in 2022.

The company's website, Hari Jewellers, showcases a range of silver bars, coins, and gift sets, alongside services like bespoke jewellery design, repairs, and valuations. It’s a family-owned business with a ten-generation history in the jewellery trade, combining traditional craftsmanship with modern retail practices. The site also highlights a separate venture, 1066 Pianos, which specializes in high-end piano restoration—a surprising diversification from the core jewellery business.

Financially, Shree Hari Jewellers Ltd presents a mixed picture. While current assets increased by 40% to £1,100,000, net assets rose by 29% to £530,000. Bank borrowings surged by 960% to £26,000, and cash reserves increased by 160% to £17,000. Trade debtors decreased by 21% to £140,000, suggesting better collection practices. However, creditors rose by 960% to £260,000, which could indicate increased reliance on credit. The company meets two of three criteria to be classified as small, and no auditor is mentioned, so the figures are unaudited.

Overall, Shree Hari Jewellers Ltd appears to be navigating a period of growth, but the significant increase in bank borrowings and creditors warrants close monitoring. The company’s diversification into piano restoration adds an intriguing element to its business profile, though it’s unclear how these two ventures interrelate.

Registered in England/Wales under the registration number 07033168, with a registered address at HA1 4QA, Harrow, Middlesex, 8 Pinner View.

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