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Paul Jewellers Limited

02963604

active
Private Limited Company
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

100 SOHO ROAD, BIRMINGHAM, B21 9DP
Incorporated 31/08/1994

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 05/07/2025

Due 19/07/2026

On track

Industry

32120
Manufacture of jewellery and related articles
47770
Retail sale of watches and jewellery in specialised stores

Officers

Mr Purdip Verma

secretary · Since 01/09/1994

JEWELLER

BRITISH · UNITED KINGDOM · Age 52

Also on 5 other boards

Mr Purdip Verma

director · Since 01/09/1994

JEWELLER

BRITISH · ENGLAND · Age 52

Also on 5 other boards

Persons with Significant Control

Spkd Verma Holdings Limited

75–100% shares

100, Soho Road, Birmingham, B21 9DP

Reg: 12805254 · England & Wales · Limited Company

Notified 01/11/2021

Former PSCs

Mr Purdip Verma

Ceased 01/11/2021

Mr Satpal Verma

Ceased 01/09/2021

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 12/11/2024Registered 12/11/2024

CompanyRankvs 86+ SIC 32120 peers
76

Financial strength86th percentile among SIC peers · 22/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.5× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees14/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

£64k

Balance sheet strength

Cash

£50k

Cash in the bank

Net Current Assets

£444k

Working capital

Current Assets

£621k

Current Liabilities

£177k

Fixed Assets

£14k

Debtors

£292k

8avg. employees

Tax at Year End

Corp tax£16k
VAT£2k

Director Loans

Company owes directors£3k
Directors owe company£2k

Balance Sheet

Assets less current liabilities£457k
Signed by Mr Purdip Verma 30/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20243.50-£11k£47k
20231.58-£20k£102k
20221.72+£89k£164k
20211.01

Derived from filed accounts. Not audited figures.