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Pal Gems Ltd

11390050

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

GROUND FLOOR 88 - 90, LONDON, EC1N 8PN
Incorporated 31/05/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32120
Manufacture of jewellery and related articles
47190
Other retail sale in non-specialised stores
47770
Retail sale of watches and jewellery in specialised stores

Officers

Mr Paresh Panchal

director · Since 02/01/2020

DIRECTOR

INDIAN · ENGLAND · Age 46

Mr Chintan Kalpeshbhai Trivedi

director · Since 02/01/2020

DIRECTOR

BRITISH · ENGLAND · Age 41

Persons with Significant Control

Mr Chintan Kalpeshbhai Trivedi

25–50% shares

British · United Kingdom · Age 41

3, Neville Road, Dagenham, RM8 3QS

Notified 01/06/2020

Mr Paresh Panchal

25–50% shares

Indian · United Kingdom · Age 46

232, Gosforth Lane, Watford, WD19 7PG

Notified 01/06/2020

Former PSCs

Mrs Kaushika Paresh Panchal

Ceased 01/06/2020

CompanyRankvs 399+ SIC 32120 peers
72

Financial strength90th percentile among SIC peers · 23/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.19× · 12/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1Deakin And Francis Limited
90
2Charles Green & Son Limited
90
3Sea Gems Limited
90
4Grant Macdonald (Silversmiths) Limited
90
5C.N. Ross-Field Manufacturing Jewellers Limited
90
6Par Jewellery Company Limited
90
7Hockley Mint Limited
90
8Griffins Jewellers Limited
90
9Phillip Stoner Jewellery Limited
90
10Allied Gold Limited
90
399Pal Gems Ltd
72
How is this score calculated?
Financial strength23/25 pts

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

Employees14/15 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.

Longevity8/15 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 31/05/2025

Net Worth

£106k

Balance sheet strength

Cash

£167k

Cash in the bank

Net Current Assets

£36k

Working capital

Current Assets

£225k

Current Liabilities

£189k

Fixed Assets

£133k

Debtors

£21k

5avg. employees

Balance Sheet

Bank loans & overdrafts£9k
Assets less current liabilities£169k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20251.19+£0
20251.19-£34k
20241.45+£23k
20231.19+£27k
20220.99+£85k
20210.71—
20201.74—

Derived from filed accounts. Not audited figures.