Xiaot Ltd

Xiaot Ltd from Tavistock, UK, is a small, active company founded six years ago in 2019. With just one employee and £62,345 in assets, it’s a modest operation managed by two directors and two owners. The company operates an e-commerce site, specializing in the retail sale via mail order houses or via internet.

The website, Sparklet, showcases a wide range of jewellery and accessories, from rings and earrings to bracelets and signet rings. It offers both new and vintage pieces, with a focus on authenticity and quality. The site also provides services like jewellery appraisals, repairs, and custom design, catering to a diverse clientele. The site has a great selection, and you can even book an appointment.

Financially, Xiaot Ltd presents a mixed picture. While current assets increased by 20% to £62,000, net assets decreased by 14% to -£31,000, indicating a negative equity position. Bank overdrafts decreased by 24% to £2,200, suggesting improved cash flow management. Creditors increased by 3.1% to £100,000, and trade debtors remained unchanged. 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 it to remain flexible, but the negative equity position is concerning. No auditor is mentioned, likely due to the company’s small size and exemption from an audit.

Overall, Xiaot Ltd appears to be a small, e-commerce business with a niche focus on jewellery. While the company’s financial performance is a little shaky, its strong online presence and commitment to authenticity could help it navigate these challenges.

Registered in England/Wales under the registration number 11778359, with a registered address at PL19 0AL, England, Tavistock, Devon, Unit 3 Eastside Stores, The Market.

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