Back to search

Queensmith (Group) Ltd

07584738

active
ltd
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

98 Hatton Garden, London, EC1N 8NX
Incorporated 30/03/2011

Previously known as

Hearts Of London (Group) Ltd · until 21/07/2023
Hearts Of London (Uk) Ltd · until 22/03/2019

Compliance

Last accounts

31/12/2025

group

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 19/10/2025

Due 02/11/2026

On track

Industry

47770
Retail sale of watches and jewellery in specialised stores

Officers

Mr Brett Afshar

director · Since 30/03/2011

JEWELER

BRITISH · ENGLAND · Age 52

Also on 2 other boards

Mrs Natalie Elizabeth Afshar

director · Since 30/09/2021

SOLICITOR

BRITISH · ENGLAND · Age 51

Also on 2 other boards

Ms Catherine Chrystal

director · Since 27/04/2022

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 1 other board

Ms Emily Kate Dixon

director · Since 27/04/2022

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 40

Mr Sam Nobes

director · Since 27/04/2022

BRAND DIRECTOR

BRITISH · ENGLAND · Age 37

Brett Afshar

director · Since 30/03/2011

British · England · Age 52

Natalie Elizabeth Afshar

director · Since 30/09/2021

British · England · Age 51

Catherine Chrystal

director · Since 27/04/2022

British · England · Age 61

Emily Kate Dixon

director · Since 27/04/2022

British · England · Age 40

Sam Nobes

director · Since 27/04/2022

British · England · Age 37

Persons with Significant Control

Mr Brett Afshar

75–100% shares

British · England · Age 52

2 The Wallpaper Apartments, 142 Offord Road, London, N1 1NS

Notified 01/07/2016

Charges0 outstanding

Charge
satisfied

BARCLAYS SECURITY TRUSTEE LIMITED

Created 08/07/2020Registered 14/07/2020Satisfied 16/08/2023

Change History

statusactive
2026-08-09

Active

typeltd
2026-08-09

Private Limited Company

address line198 Hatton Garden
2026-08-09

98 HATTON GARDEN

post townLondon
2026-08-09

LONDON

officer appointedAFSHAR, Brett
2026-08-09
officer appointedAFSHAR, Natalie Elizabeth
2026-08-09
officer appointedCHRYSTAL, Catherine
2026-08-09
officer appointedDIXON, Emily Kate
2026-08-09
officer appointedNOBES, Sam
2026-08-09

CompanyRankvs 48+ SIC 47770 peers
80

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.48× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
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.

Employees15/15 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

performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect

Key FinancialsYear ending 31/12/2024

Turnover

£14.0M

Annual revenue

Net Worth

£6.1M

Balance sheet strength

Cash

£3.6M

Cash in the bank

Profit Before Tax

£2.3M

Bottom line earnings

Net Current Assets

£3.3M

Working capital

Current Assets

£5.5M

Current Liabilities

£2.2M

Fixed Assets

£3.4M

Debtors

£212k

Cost of Sales

£7.2M

Gross Profit

£6.7M

Admin Expenses

£4.5M

Operating Profit

£2.2M

Profit After Tax

£1.6M

85avg. employees+21

Tax at Year End

Dividends paid-£267k

People Costs

Wages & salaries£2.8M
NI contributions£296k

Balance Sheet

Intangible assets£337k
Assets less current liabilities£6.6M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20242.48+£2.2M

Derived from filed accounts. Not audited figures.