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Gems Design & Repair Ltd.

11797952

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

3 HIGH STREET, THORNBURY, BS35 2AE
Incorporated 30/01/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47770
Retail sale of watches and jewellery in specialised stores

Officers

Mr Muhammed Abdul Kuduse

director · Since 06/02/2019

SELF EMPLOYED

BRITISH · UNITED KINGDOM · Age 38

Also on 4 other boards

Miss Rachael Ball

director · Since 01/07/2021

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 1 other board

Ms Chloe Jane Harris

director · Since 01/07/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Persons with Significant Control

Mr Muhammed Abdul Kuduse

25–50% shares

British · United Kingdom · Age 38

3 High Street, Thornbury, BS35 2AE

Notified 06/02/2019

Former PSCs

Mr Jan Van Mazyk

Ceased 06/02/2019

Mr Jan Van Mazyk

Ceased 30/06/2021

CompanyRankvs 1035+ SIC 47770 peers
71

Financial strength68th percentile among SIC peers · 17/25
Employees83th percentile among SIC peers · 12/15
LiquidityCurrent ratio 2.29× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength17/25 pts

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

Employees12/15 pts

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

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity7/15 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 31/01/2024

Net Worth

£17k

Balance sheet strength

Cash

£17k

Cash in the bank

Net Current Assets

£31k

Working capital

Current Assets

£56k

Current Liabilities

£24k

Fixed Assets

£2k

4avg. employees-1

Tax at Year End

VAT-£749

Balance Sheet

Bank loans & overdrafts£16k
Assets less current liabilities£33k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20242.29+£16k
20231.63+£512
20221.56-£6k
20211.87
20200.98

Derived from filed accounts. Not audited figures.