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Gala & Sons Ltd

11501099

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

RAINA JEWELS, HARROW, HA3 8DP
Incorporated 06/08/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47770
Retail sale of watches and jewellery in specialised stores

Officers

Mr Rahul Vasant Gala

director · Since 06/08/2018

GEMOLOGIST

BRITISH · ENGLAND · Age 46

Persons with Significant Control

Mr Rahul Vasant Gala

Significant control

British · England · Age 46

Raina Jewels, 382a, Kenton Road, Harrow, HA3 8DP

Notified 06/08/2018

CompanyRankvs 4586+ SIC 47770 peers
30

Financial strength5th percentile among SIC peers · 1/25
Employees38th percentile among SIC peers · 6/15
LiquidityNo balance sheet data · 0/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees6/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 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 31/08/2024

Net Worth

-£46k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£9k

Working capital

Current Assets

Current Liabilities

-£23k

1avg. employees

Balance Sheet

Assets less current liabilities£12k
Signed by Rahul Gala

EstimatesDerived

YearCurrent RatioImplied Profit
2024+£2k
2023-£4k
2022-£82k
20210.82+£68k
2020-£6k

Derived from filed accounts. Not audited figures.