Solace Jewellery Ltd

Solace Jewellery Ltd, based in Godalming, UK, is a small holding company with an active status, celebrating its tenth anniversary this year. Employing eight people and holding assets of £634,727, the company operates from a virtual address – a detail flagged by the presence of 157 other companies registered at the same location. Two directors and one owner guide the business, which boasts an impressive Google rating of 5.0 based on 64 reviews. The company regularly imports jewelry, precious stones, and metals, with its last import operation recorded in February 2025.

The company's website showcases a range of hypoallergenic jewelry, emphasizing waterproof and lifetime guarantee features. It’s clearly focused on direct-to-consumer sales, with sections dedicated to new arrivals, bestsellers, and personalized gifts. The site also highlights a commitment to customer service, offering account login, FAQs, and a VIP loyalty scheme – a nice touch. The website’s blog section offers content on mental wellbeing and gifting ideas, further building brand engagement.

Financially, Solace Jewellery Ltd presents a mixed picture. While cash reserves have skyrocketed by 2800%, reaching a substantial £420,000, net assets have also increased significantly to £370,000. However, bank borrowings have decreased by 43%, and trade debtors have increased by 60%. The company’s small size (meeting two of three conditions for being a small company) allows for agility, but the increase in debtors suggests a need to manage customer payments more closely. The lack of an auditor mentioned, consistent with its status as a small company, means the figures are unaudited. Overall, Solace Jewellery Ltd appears to be a thriving small business, though it’s important to monitor its debtor management to ensure long-term financial health.

Registered in England/Wales under the registration number 09387671, with a registered address at GU7 1LQ, United Kingdom, Godalming, Surrey, Ashcombe Court, Woolsack Way.

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