Nineteen48 is registered as a Community Interest Company (CIC).
A Community Interest Company is a special type of business entity established to benefit the wider community. Unlike a traditional company that exists primarily to generate profit for shareholders, a CIC uses its activities to create positive social impact while operating as a sustainable business.
One notable feature of a CIC is called the Asset Lock. This means that any assets held by the company are dedicated to the community objective and cannot be distributed to the private owners.
For Nineteen48, being a CIC means promoting and supporting responsible gemstone sourcing, encouraging greater transparency within the gemstone industry and helping to create positive opportunities for artisanal miners, gem cutters and gemstone-producing communities.
Our Community Interest Statement
Our activities are designed to support:
- Responsible and transparent gemstone sourcing
- Fair opportunities for artisanal miners and cutters
- Education and awareness within the coloured gemstone industry
- Long-term relationships with responsible gem suppliers and projects
- Greater traceability throughout gemstone supply chains
How Nineteen48 creates impact
Nineteen48 supports responsible sourcing through:
- Working directly with trusted mining and cutting communities
- Supporting projects that improve opportunities within gemstone-producing regions
- Providing greater transparency around gemstone origins
- Promoting responsible sourcing practices within the jewellery industry
- Building long-term partnerships based on fairness, trust and mutual benefit
Â
You can find our details online here:
https://find-and-update.company-information.service.gov.uk/company/07595596