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Pearl Convenience Store Limited

11587820

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

6TH FLOOR, AMP HOUSE, CROYDON, CR0 2LX
Incorporated 25/09/2018

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 24/09/2025

Due 08/10/2026

On track

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers

Mr Hemangbhai Narendra Shah

director · Since 25/09/2018

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Miss Kinjalbahen Ureshkumar Shah

director · Since 25/09/2018

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 45

Persons with Significant Control

Mr Hemangbhai Narendra Shah

25–50% shares
25–50% votes

British · United Kingdom · Age 49

6th Floor, Amp House, Dingwall Road, Croydon, CR0 2LX

Notified 25/09/2018

Miss Kinjalbahen Ureshkumar Shah

25–50% shares
25–50% votes

British · United Kingdom · Age 45

6th Floor, Amp House, Dingwall Road, Croydon, CR0 2LX

Notified 25/09/2018

Charges2 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 21/01/2019Registered 24/01/2019
Charge
outstanding

HSBC UK BANK PLC

Created 07/12/2018Registered 07/12/2018

CompanyRankvs 5839+ SIC 47110 peers
57

Financial strength95th percentile among SIC peers · 24/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.84× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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62
How is this score calculated?
Financial strength24/25 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.

Liquidity6/20 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.

Risk deductions

Outstanding charges: -10 pts

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

£246k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£75k

Working capital

Current Assets

£402k

Current Liabilities

£478k

Fixed Assets

£558k

11avg. employees-1

People Costs(2019)

Wages & salaries£72k

Balance Sheet

Assets less current liabilities£483k
Prepared with Sage Accounts Production 25.0 - FRS102_2025

EstimatesDerived

YearCurrent RatioImplied Profit
20240.84+£46k
20230.78+£61k
20210.78+£75k
20200.68—
20190.29—

Derived from filed accounts. Not audited figures.