Uk Italian Jewellery Ltd

Uk Italian Jewellery Ltd, based in Ilford, UK, is a small, active company founded three years ago. With three employees and £386 in assets, the business generates £39,321 in yearly revenue. It’s a solo-founder operation, managed by a single director and owner, Shohel Rana Jakir Mohammed. The company’s registered address is real, with only one other business registered at the same location.

The company operates in the retail sale via mail order houses or via internet industries. Its website showcases handmade jewellery, offering custom design services and repair options. Customers can “talk with the jeweller” and even sell their gold. The site also promotes a repair service and encourages visitors to leave their name and email for custom jewellery inquiries. It’s a fairly standard ecommerce setup.

Financially, Uk Italian Jewellery Ltd shows some concerning trends. Cash bank on hand has fallen by a whopping 74%, dropping to just £390. Current assets have also plummeted by 74%, leaving the company with very little readily available funds. Equity has also decreased significantly, resulting in a net assets liability of -£4,500. While turnover has increased by 52% to £39,000, this hasn't translated into profitability – operating profit loss has deepened to -£1,900. Creditors have risen by 19%, and taxation social security payable has also increased. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, so the figures are unaudited. It's a bit worrying, really.

Registered in England/Wales under the registration number 13737134, with a registered address at IG1 2JA, United Kingdom, Ilford, Essex, 30 St. Lukes Avenue.

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