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M K Diamonds Ltd

04738187

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

FIRST FLOOR, LONDON, N16 6XS
Incorporated 17/04/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46480
Wholesale of watches and jewellery

Officers

Sarah Kornik

secretary · Since 17/04/2003

BRITISH

Mr Meir Kornik

director · Since 17/04/2003

DIRECTOR

SWISS · ENGLAND · Age 59

Also on 1 other board

Persons with Significant Control

Mrs Sarah Kornik

25–50% shares

British · United Kingdom · Age 56

103, Geldeston Road, London, E5 8RS

Notified 17/04/2017

Mr Meir Kornik

25–50% shares

Swiss · England · Age 59

103, Geldeston Road, London, E5 8RS

Notified 17/04/2017

CompanyRankvs 1190+ SIC 46480 peers
39

Financial strength1th percentile among SIC peers · 0/25
Employees48th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.41× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 pts

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

Employees7/15 pts

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

Liquidity2/20 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.

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

Key FinancialsYear ending 30/04/2025

Net Worth

-£344k

Balance sheet strength

Cash

£269

Cash in the bank

Net Current Assets

-£312k

Working capital

Current Assets

£217k

Current Liabilities

£529k

Debtors

£7k

1avg. employees-1

Balance Sheet

Assets less current liabilities-£312k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.41-£100k
20240.59-£134k
20230.88-£137k
20221.08+£6k
20211.12

Derived from filed accounts. Not audited figures.