Xibit Jewellery Limited

Xibit Jewellery Limited, based in Mansfield, UK, is a small, active company founded twelve years ago. With five employees and £604,276 in assets, it operates from a real address and is led by two directors and one owner. The company regularly imports jewelry, precious stones, and metals, with the last import operation occurring in February 2025. It primarily engages in the retail sale of watches and jewelry in specialised stores.

The company’s website is currently unavailable, making it difficult to determine the extent of its online presence. It’s unclear if Xibit Jewellery Limited operates an e-commerce platform or relies solely on wholesale or retail partnerships.

Financially, Xibit Jewellery Limited presents a mixed picture. While cash reserves increased slightly to £71,000, creditors remained steady at £150,000, and trade debtors vanished completely. The company’s net assets grew to £410,000, and the equity grew to £400,000, a positive sign. However, accumulated amortisation impairment intangible assets remained constant at £150,000, and depreciation impairment property plant equipment also remained constant. The company’s small size—meeting two of three conditions for a small company—helps it stay nimble, but the sudden disappearance of trade debtors is a curious development. The lack of an auditor mentioned suggests the company is exempt from an audit, relying on unaudited financial statements.

Overall, Xibit Jewellery Limited appears to be a stable, if somewhat modest, operation. The company’s focus on importing and retail, combined with its small size, suggests a business that is likely to be sensitive to changes in market conditions.

Registered in England/Wales under the registration number 08267082, with a registered address at NG18 1JG, Mansfield, Nottinghamshire, 15 Market Street.

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