Single Mine Origin Limited

Single Mine Origin Limited is a small, holding company based in Birmingham, UK, with an active trading status. Founded seven years ago in 2017, the company holds £140,273 in assets and operates a real address at 49-63 Spencer Street, Hockley. It’s run by three directors and two owners, and boasts an e-commerce site focused on responsible gold sourcing.

The company's website, Single Mine Origin, positions itself as a provider of fully traceable, responsibly sourced gold at scale, from mine to customer. It emphasizes a “new global standard” with a focus on traceability, responsibility, and transparency. The site highlights partnerships with jewellery houses, makers, artisans, and manufacturers, and features a benchmark system for evaluating the sustainability of gold mining operations. It also offers investment products, including bullion, coins, and a physical gold ETC. The company’s website has a good selection of bars, coins and jewellery.

Financially, Single Mine Origin Limited shows some concerning trends. While cash bank on hand increased by 130% to £56,000, net assets declined by 18% to -£120,000. Creditors increased significantly, jumping 400% to £140,000, while current assets rose by 270% to £140,000. Trade debtors also ballooned, increasing by 510% to £84,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain nimble, but the decline in equity and the rise in liabilities suggest potential financial strain. As a small company, it's exempt from an audit, so the figures are unaudited.

It's clear that Single Mine Origin is trying to establish itself as a leader in ethical gold sourcing, but the financial data indicates a business that’s burning through cash. Whether the company can sustain its growth and maintain its commitment to responsible practices remains to be seen.

Registered in England/Wales under the registration number 10983680, with a registered address at B18 6DE, United Kingdom, Birmingham, West Midlands, 49-63 Spencer Street, Hockley.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.