The Gold Shop Limited

The Gold Shop Ltd from West Yorkshire UK: small company, active status, founded 22 years ago, 5 employees, £1,819,601 assets, real address, 1 director, 1 owner, e-commerce site, google rating 5.0 based on 65 reviews. Regular importer of jewelry, precious stones, and metals (7 months imported). It’s a family-run business with over 37 years of experience within the Diamond Jewellery Luxury Watch trade. The company operates from a real address in Bradford and has a strong online presence with a perfect Google rating.

The Gold Shop’s website showcases a wide range of diamond jewellery, luxury watches, and gold items, catering to both men and women. It offers a selection of new arrivals, popular brands like Rolex and Omega, and even provides watch sourcing enquiries and repair services. The site’s layout is well-organized, with clear categories and detailed product descriptions, indicating a focus on providing a user-friendly online shopping experience. They also have a section for bespoke orders, highlighting their ability to create custom pieces.

Financially, The Gold Shop Ltd shows a mixed picture. Current assets decreased by 8% to £1.8 million, while net assets increased by 5.4% to £1.5 million. Cash reserves fell by 7.5% to £120,000. Bank borrowings decreased by 45% to £46,000, and trade creditors dropped by 21%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decrease in cash reserves might indicate tighter margins. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s focus on luxury goods and bespoke services suggests a premium brand positioning, but the financial data reveals a need to manage cash flow effectively. It's a business that appears to be holding its own, but keeping a close eye on its finances will be crucial for sustained growth.

Registered in England/Wales under the registration number 04662751, with a registered address at BD4 7PR, West Yorkshire, 717 Wakefield Road, Bradford.

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