The Little Keepsake Company Ltd

The Little Keepsake Company Ltd, based in Helston, UK, is a small, family-run business with an active status. Founded eleven years ago in 2014, it employs eleven people and holds £407,660 in assets. The company, with three directors and two owners, operates an e-commerce site and regularly imports jewelry, precious stones, and metals – its last import operation was made on December 01, 2024. It primarily focuses on the retail sale of watches and jewellery in specialised stores.

The company’s website, while not detailed, showcases a range of keepsakes and jewellery items, suggesting a focus on gifts and personal adornments. The e-commerce platform likely serves as the primary sales channel, allowing the company to reach a wider customer base beyond its Helston location.

Financially, The Little Keepsake Company Ltd shows a mixed picture. Current assets have increased by 5.4% to £410,000, while net assets have decreased by 35% to £320,000. Cash bank on hand has increased by 33% to £99,000, which is a positive sign. However, creditors have risen significantly, increasing by 72% to £130,000. The company’s size – meeting two of three criteria for a small company (turnover under £10.2m, assets under £5.1m, and fewer than 25 employees) – allows for flexibility, but the decrease in equity warrants attention. With no auditor mentioned, the figures are unaudited.

The increase in creditors suggests the company may be relying more on credit from suppliers, which could be a short-term strategy but needs careful management. The decrease in equity, despite increased assets, could be due to retained losses or investments in the business. It's possible that the company is reinvesting profits into growth, but it's also important to monitor cash flow closely to ensure financial stability.

Registered in England/Wales under the registration number 09030288, with a registered address at TR13 0FG, England, Helston, Unit A, Wheal Vrose Business Park.

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