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South Sea Pearl Company Limited

02323303

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

C/O MCPHERSONS WALPOLE HARDING, CITIBASE BRIGHTON, BRIGHTON, BN1 4ST
Incorporated 30/11/1988

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32120
Manufacture of jewellery and related articles

Officers

Mrs Joanna Gaye Truman

secretary · Since 27/04/1991

BRITISH · ENGLAND · Age 80

Also on 4 other boards

Ms Wendy Susan Dunn

director · Since 01/01/2021

JEWELLER

BRITISH · ENGLAND · Age 67

Persons with Significant Control

Ms Wendy Susan Dunn

75–100% shares
75–100% votes
Appoint directors

British · England · Age 67

C/O Mcphersons Walpole Harding, Citibase Brighton, 95 Ditchling Road, Brighton, BN1 4ST

Notified 17/11/2020

Former PSCs

Mr Peter William Truman

Ceased 17/11/2020

CompanyRankvs 214+ SIC 32120 peers
68

Financial strength87th percentile among SIC peers · 22/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 27.33× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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214South Sea Pearl Company Limited
78
How is this score calculated?
Financial strength22/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees6/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. The presentation currency is £GBP. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

Key FinancialsYear ending 31/12/2025

Net Worth

£82k

Balance sheet strength

Cash

£46k

Cash in the bank

Net Current Assets

£82k

Working capital

Current Assets

£86k

Current Liabilities

£3k

Debtors

-£831

1avg. employees

Tax at Year End(2021)

Corp tax£2k
VAT£2k

Director Loans(2021)

Company owes directors£8k

Balance Sheet

Assets less current liabilities£82k
Signed by Ms W S Dunn 30 April 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
202527.33+£0—
202527.33+£2k—
20242.84-£8k—
20235.93+£23k—
20221.96-£73k—
20216.32—£38k
2020789.10——
202027.00——
201977.71——

Derived from filed accounts. Not audited figures.