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Gem (Ne) Ltd

09866060

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

FRONT STREET, CRAMLINGTON, NE23 6RF
Incorporated 10/11/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56103
Take-away food shops and mobile food stands

Officers

Mr Terry Wai Ming Fong

director · Since 10/11/2015

DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 1 other board

Persons with Significant Control

Mr Terry Wai Ming Fong

75–100% shares
75–100% votes

British · England · Age 54

Front Street, Klondyke, Cramlington, NE23 6RF

Notified 09/11/2016

CompanyRankvs 24050+ SIC 56103 peers
42

Financial strength14th percentile among SIC peers · 4/25
Employees67th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.33× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength4/25 pts

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

Employees10/15 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.

Longevity11/15 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 30/11/2024

Net Worth

-£13k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

-£16k

Working capital

Current Assets

£8k

Current Liabilities

£24k

Fixed Assets

£11k

Profit After Tax

-£25k

4avg. employees

Balance Sheet

Assets less current liabilities-£5k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.33-£25k
20231.77-£7k
20222.38-£36k
202115.97+£22k
202011.67-£2k
20195.64+£6k
20183.72

Derived from filed accounts. Not audited figures.