Vow Jewellery Ltd

Vow Jewellery Ltd from Chester UK is a small, active company founded four years ago in 2020. With four employees and £225,281 in assets, it operates as a solo-founded e-commerce business with a perfect 5.0 Google rating based on 103 reviews. The company regularly imports jewelry, precious stones, and metals—a trend that’s continued for the past ten months, with the most recent import recorded in August 2024.

The website, Vow Jewellery, is a Chester-based jewelry store offering a curated collection of engagement rings, wedding rings, and bespoke pieces. It's clear they are trying to appeal to a wide range of tastes, with sections dedicated to different styles and sizes. The site even has a handy carat-to-millimeter table to help customers choose the right diamond size. It’s also worth noting that they have a franchise opportunity section, suggesting a desire to expand their reach beyond their Chester location.

Financially, Vow Jewellery Ltd shows a mixed picture. Current assets increased by 13% to £230,000, while net assets also grew by 18% to £32,000. However, bank borrowings increased by 12% to £1,700, and tax payable rose significantly by 73% to £5,900. Trade creditors also increased by 16% to £160,000. The company meets the criteria for being a small business—with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees—and is exempt from an audit.

The increase in tax payable could indicate higher profits, but the rise in creditors suggests a need to manage supplier payments more effectively. Overall, Vow Jewellery Ltd seems to be growing, but keeping a close eye on cash flow will be essential for continued success.

Registered in England/Wales under the registration number 12858352, with a registered address at CH1 1NW, United Kingdom, Chester, 17 Bridge Street Row East.

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