Spirit Jewel Ltd

Spirit Jewel Ltd is a small, active company based in London, UK, founded twelve years ago in 2012. With just one employee and £2,451 in assets, it operates as a solo-founded e-commerce business with a single director and owner, Olson Sarah. The company's registered address is a virtual one, shared by 582 other companies, which is a little odd. Spirit Jewel Ltd specializes in the wholesale and retail of watches and jewellery, as well as design activities, and has a dedicated website selling magical healing crystals and spiritual jewellery.

The website, Spirit Jewel, showcases a range of products, including crystal bracelets, personalised gemstones, and aura mists, all marketed for their healing properties. The site has a clean, modern design and emphasizes customer empowerment and spiritual growth, with a focus on natural and organic ingredients. It’s a pretty well-presented online shop.

Financially, Spirit Jewel Ltd's numbers are a bit concerning. Net assets have fallen significantly, dropping 74% to -£2,100. Cash reserves are down a staggering 34%, leaving just £110. While creditors have decreased by 34%, suggesting better debt management, the sharp decline in equity is a red flag. Trade debtors have also increased, reaching £1,400, which could indicate difficulties in collecting payments. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it's exempt from an audit, so the figures are unaudited.

Overall, Spirit Jewel Ltd appears to be struggling financially. While the e-commerce site looks promising, the numbers suggest the business is burning through money. Whether it can turn things around remains to be seen—but for now, it's a story of a small business facing challenges.

Registered in England/Wales under the registration number 08294480, with a registered address at EC1N 8LE, England, London, 63-66 Hatton Garden.

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