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Paragon Diamonds Limited

11058180

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

8 HEYSHAM DRIVE, WATFORD, WD19 6YJ
Incorporated 10/11/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46480
Wholesale of watches and jewellery
47910
Retail sale via mail order houses or via Internet

Officers

Mr Pranaykumar Bhakta

director · Since 10/11/2017

JEWELLERY AND GEM STONES

BRITISH · UNITED KINGDOM · Age 46

Persons with Significant Control

Mr Pranaykumar Bhakta

75–100% shares
ownership-of-shares-75-to-100-percent-as-firm
75–100% votes
voting-rights-75-to-100-percent-as-firm
Appoint directors
right-to-appoint-and-remove-directors-as-firm

British · United Kingdom · Age 46

8, Heysham Drive, Watford, WD19 6YJ

Notified 10/11/2017

CompanyRankvs 528+ SIC 46480 peers
63

Financial strength80th percentile among SIC peers · 20/25
Employees47th percentile among SIC peers · 7/15
LiquidityCurrent ratio 1.34× · 12/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength20/25 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.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity9/15 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 31/12/2024

Net Worth

£53k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£14k

Working capital

Current Assets

£57k

Current Liabilities

£42k

Fixed Assets

£38k

1avg. employees

Balance Sheet

Assets less current liabilities£53k
Signed by 1.1.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20241.34+£103
20231.07+£2k
20221.55+£21k
20211.28+£19k
20201.58
20190.40
20181.76

Derived from filed accounts. Not audited figures.