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Rathy Jewellers Limited

04994774

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

28 EALING ROAD, MIDDLESEX, HA0 4TL
Incorporated 15/12/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32120
Manufacture of jewellery and related articles

Officers

Mrs Jeyagowry Mahalingam

director · Since 01/07/2012

DIRECTOR

BRITISH · UNITED KINGDOM · Age 67

Also on 1 other board

Ms Tharshika Mahalingam

director · Since 10/01/2025

DIRECTOR

BRITISH · ENGLAND · Age 42

Also on 2 other boards

Persons with Significant Control

Ms Tharshika Mahalingam

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

British · England · Age 42

28, Ealing Road, Middlesex, HA0 4TL

Notified 10/01/2025

Former PSCs

Mr Mahalingam Arumugam

Ceased 01/05/2017

Mr Lutharsan Mahalingam

Ceased 01/05/2017

Mrs Jeyagowry Mahalingam

Ceased 09/08/2018

Mr Rajtharan Mahalingam

Ceased 06/12/2023

Rathy Group Limited

Ceased 27/07/2021

Mrs Jeyagowry Mahalingam

Ceased 19/09/2025

Charges1 outstanding

Charge
outstanding

SANTANDER UK PLC

Created 08/12/2014Registered 11/12/2014
charge
satisfied

BARCLAYS BANK PLC

Created 24/01/2006Registered 31/01/2006Satisfied 11/07/2015

CompanyRankvs 352+ SIC 32120 peers
64

Financial strength97th percentile among SIC peers · 24/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 2.61× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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90
6Hockley Mint Limited
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7Griffins Jewellers Limited
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352Rathy Jewellers Limited
74
How is this score calculated?
Financial strength24/25 pts

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

Employees0/15 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

£688k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£721k

Working capital

Current Assets

£1.2M

Current Liabilities

£448k

Tax at Year End(2021)

Corp tax£183k
VAT£78k

Director Loans(2021)

Company owes directors£822k

Balance Sheet

Assets less current liabilities£721k
Signed by Mrs Jeyagowry Mahalingam 15/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20242.61+£93k—
20234.12-£1.4M—
20211.86—£1.6M

Derived from filed accounts. Not audited figures.