THE BENCH JEWELLERY LTD

Executive Summary

The Bench Jewellery Ltd, a micro private limited company incorporated in 2022, shows strong net asset growth and solid liquidity, with no compliance issues reported. While the business appears financially stable with clear ownership, its limited operating history and increased long-term liabilities warrant further review to ensure sustained operational and solvency stability.

THE BENCH JEWELLERY LTD - Analysis Report

Company Number: 14114614

Analysis Date: 2025-07-29 20:22 UTC

1. Risk Rating: LOW
   The company demonstrates a solid financial position with positive net assets and a healthy increase in equity over two years. No overdue filings or compliance issues are noted, and the business is active with an identifiable director and secretary.

2. Key Concerns:

• The company is very young, incorporated in May 2022, so there is limited financial history to assess long-term operational stability.
• There is a notable increase in long-term liabilities (creditors falling due after more than one year) from £15,417 to £34,976; the nature and terms of this debt should be examined to understand future obligations.
• The company operates with a very small workforce (average 2 employees), which may pose operational risks if key personnel are unavailable or turnover occurs.

3. Positive Indicators:

• The company’s net assets have doubled from £53,042 in 2023 to £107,202 in 2024, indicating growth in equity and financial strength.
• Strong liquidity position with net current assets increasing from £43,237 to £94,160, showing good short-term financial health and ability to meet current obligations.
• No overdue accounts or confirmation statements, indicating good regulatory compliance and governance discipline.
• Ownership and control are consolidated under a single director and shareholder, which may facilitate clear decision-making.

4. Due Diligence Notes:

• Review the nature and repayment terms of the long-term creditors to assess solvency risks associated with future liabilities.
• Verify cash flow trends beyond the balance sheet figures to confirm liquidity stability, especially given the company’s micro size and limited operating history.
• Assess revenue streams and profitability from the accounts narrative or management discussions to judge operational sustainability.
• Confirm there are no undisclosed contingent liabilities or pending legal issues, given the absence of audit and limited disclosures.
• Evaluate the director’s experience and capacity to manage growth given the business’s niche in jewellery manufacture and repair.