Machi Jewelry Ltd
11536639
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Former
Valentine Amanchukwu Obidegwu
secretary · Resigned 26/01/2026
Adaobi Obidegwu
director · Resigned 26/01/2026
Nneoma Ihuoma Obidegwu
director · Resigned 26/01/2026
Somachi Emmanuela Obidegwu
director · Resigned 22/05/2026
Valentine Amanchukwu Obidegwu
director · Resigned 26/01/2026
Persons with Significant Control
Ms Somachi Emmanuela Obidegwu
Nigerian · England · Age 27
Suite Ra01, Suite Ra01, London, E17 3NU
Notified 25/08/2018
CompanyRankvs 2568+ SIC 47710 peers71
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
£25k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£22k
Working capital
Current Assets
£22k
Current Liabilities
£360
Fixed Assets
£3k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 62.39 | -£1k |
| 2023 | 41.47 | -£609 |
| 2022 | 5.15 | +£4k |
| 2021 | 1.81 | — |
Derived from filed accounts. Not audited figures.