Tess Van Ghert London Ltd

Tess Van Ghert London Ltd from London UK: a small company, active status, founded 13 years ago, with 2 employees, holds £82,620 in assets, and operates from a real address. It's a family business with two directors and two owners. The company regularly imports jewelry, precious stones, and metals, with 17 months of import activity recorded, the last in February 2024. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50.

The company's website, tessvanghert.com, showcases a curated collection of fine jewelry and accessories, ranging from earrings and necklaces to handbags and watches. It's clearly an e-commerce operation, targeting a sophisticated clientele with a focus on timeless design and personal attachment, as stated on the site. The website highlights the brand's unique offerings, such as bespoke ring sizes and art of presentation, and even features a look book and stockist list. It's a well-designed site with a clear focus on high-end products.

Financially, Tess Van Ghert London Ltd appears to be facing some challenges. Current assets have decreased by a significant 32%, falling to £83,000. Bank borrowings have also seen a substantial drop of 30%, reaching £17,000. However, creditors have decreased by 21%, suggesting better debt management. Cash reserves have plummeted 58%, landing at -£17,000. The company’s net assets have also decreased by 6%, reaching -£590,000. The lack of employees (just two reported) suggests a lean operation, but the substantial equity decline and negative cash balance raise concerns. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

It seems the company is struggling to maintain its financial health, despite a well-presented website and a focus on high-end products. Whether the company can overcome these financial pressures and sustain its operations remains to be seen.

Registered in England/Wales under the registration number 07728424, with a registered address at SW10 0UN, England, London, 19 Gunter Grove.

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