Simple Jewels Ltd

Simple Jewels Ltd is a small, active company based in Northampton, UK, founded six years ago. With a single employee and £3,226 in assets, it operates as a solo-founder e-commerce site. The company, registered at a real address shared by four other businesses, has one director and owner. It’s a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees.

The company’s website, Simply Magnificent, sells gifts, accessories, and jewellery online, with a focus on opal jewellery and Italian leather goods. The site is currently operating at minimal capacity until April 2025 due to a family break, but orders are still being accepted and dispatched. The website features a wide range of products, including gifts for women and men, fashion jewellery, handbags, and accessories, with a focus on quality and unique designs. It also showcases a collection of Tony Perotti Italian leather goods, known for their elegant and fashionable designs.

Financially, Simple Jewels Ltd presents a mixed picture. Current assets have decreased by 31% to £3,200, while net assets have increased by 230% to £1,500. Cash bank on hand has fallen by 19% to £2,200, and director remuneration has dropped significantly by 83% to £1,000. Creditors have decreased by 67% to £1,300, suggesting improved debt management. The company’s small size helps it remain nimble, but the decrease in cash reserves could be a concern. There's no mention of an auditor, which is common for small, exempt companies.

It appears Simple Jewels Ltd is navigating a period of change, with a focus on managing its operations and maintaining a strong online presence. The family break and reduced capacity could impact sales, but the company's diverse product range and focus on quality may help it weather the storm.

Registered in England/Wales under the registration number 11474028, with a registered address at NN4 6JE, England, Northampton, 9 Stradlers Close, Wootton.

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