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Swagaat Jewellers Ltd

11709428

active
ltd
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

121 Ilford Lane, Ilford, IG1 2RN
Incorporated 04/12/2018

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 11/10/2025

Due 25/10/2026

On track

Industry

47770
Retail sale of watches and jewellery in specialised stores

Officers

Hitender Kumar Vrajlal Gusani

director · Since 04/12/2018

British · United Kingdom · Age 59

Persons with Significant Control

Mr Hitender Kumar Vrajlal Gusani

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 59

119, Ilford Lane, Ilford, IG1 2RN

Notified 04/12/2018

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 12/04/2019Registered 16/04/2019

Change History

statusactive
2026-06-07

Active

typeltd
2026-06-07

Private Limited Company

address line1121 Ilford Lane
2026-06-07

121 ILFORD LANE

post townIlford
2026-06-07

ILFORD

officer appointedGUSANI, Hitender Kumar Vrajlal
2026-06-07

CompanyRankvs 971+ SIC 47770 peers
67

Financial strength95th percentile among SIC peers · 24/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.63× · 16/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Liquidity16/20 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 31/03/2025

Net Worth

£632k

Balance sheet strength

Cash

£23k

Cash in the bank

Net Current Assets

£526k

Working capital

Current Assets

£1.4M

Current Liabilities

£830k

Fixed Assets

£155k

Debtors

£53k

7avg. employees+2

Tax at Year End

Corp tax£43k

Director Loans

Company owes directors£66k

Balance Sheet

Intangible assets£63k
Assets less current liabilities£681k
Signed by Mr Hitender Gusani 08/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20251.63+£108k
20241.48+£98k£137k
20231.54+£155k£137k
20221.34+£149k£35k
20211.13+£70k£99k
20200.76

Derived from filed accounts. Not audited figures.