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Laxmi Jewellers Uk Limited

04008725

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
10/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 9 outstanding charges (-10)

Details

207 WEDNESBURY ROAD, WEST MIDLANDS, WS2 9QL
Incorporated 06/06/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46480
Wholesale of watches and jewellery
68209
Other letting and operating of own or leased real estate

Officers

Vijay Verma

secretary · Since 06/06/2000

COMPANY SECRETARY

BRITISH · Age 73

Mr Bobby Verma

director · Since 06/06/2000

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Also on 4 other boards

Persons with Significant Control

Mr Bobby Verma

25–50% shares

British · United Kingdom · Age 48

207 Wednesbury Road, West Midlands, WS2 9QL

Notified 01/01/2017

Charges9 outstanding

Charge
outstanding

BANK OF INDIA

Created 27/11/2018Registered 29/11/2018
Charge
outstanding

BANK OF INDIA

Created 27/11/2018Registered 29/11/2018
Charge
outstanding

BANK OF INDIA

Created 31/03/2014Registered 02/04/2014
Charge
outstanding

BANK OF INDIA

Created 31/03/2014Registered 02/04/2014
charge
outstanding

BANK OF INDIA

Created 05/09/2012Registered 08/09/2012
charge
outstanding

BANK OF INDIA

Created 05/09/2011Registered 16/09/2011
charge
outstanding

BANK OF INDIA

Created 05/09/2011Registered 16/09/2011
charge
outstanding

BANK OF INDIA

Created 05/09/2011Registered 16/09/2011
charge
outstanding

BANK OF INDIA

Created 29/04/2008Registered 01/05/2008
charge
satisfied

BARCLAYS BANK PLC

Created 05/11/2003Registered 11/11/2003Satisfied 04/08/2011

CompanyRankvs 295+ SIC 46480 peers
65

Financial strength99th percentile among SIC peers · 25/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.94× · 6/20
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 strength25/25 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.

Liquidity6/20 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 31/10/2024

Net Worth

£2.4M

Balance sheet strength

Cash

£122k

Cash in the bank

Net Current Assets

-£160k

Working capital

Current Assets

£2.5M

Current Liabilities

£2.6M

Fixed Assets

£2.7M

Debtors

£1.6M

6avg. employees

Tax at Year End

VAT£33k

Balance Sheet

Intangible assets£62k
Bank loans & overdrafts£8k
Assets less current liabilities£2.5M
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.94-£32k£651k
20231.08-£20k£634k
20221.11+£22k
20211.13+£82k
20201.18
20191.26
20181.12

Derived from filed accounts. Not audited figures.