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Sungold Ltd

11983819

active
ltd
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

43 Frederick Street, Birmingham, B1 3HN
Incorporated 08/05/2019

Compliance

Last accounts

31/05/2025

total exemption full

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 27/09/2025

Due 11/10/2026

On track

Industry

46480
Wholesale of watches and jewellery
47770
Retail sale of watches and jewellery in specialised stores

Officers

Sunil Datt

director · Since 08/05/2019

British · United Kingdom · Age 58

Former

Ashok Kumar

director · Resigned 27/09/2019

Persons with Significant Control

Mr Sunil Datt

75–100% shares

British · United Kingdom · Age 58

43, Frederick Street, Birmingham, B1 3HN

Notified 08/05/2019

Former PSCs

Mr Ashok Kumar

Ceased 27/09/2019

Charges1 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 05/08/2021Registered 09/08/2021

Change History

statusactive
2026-06-08

Active

typeltd
2026-06-08

Private Limited Company

address line143 Frederick Street
2026-06-08

43 FREDERICK STREET

post townBirmingham
2026-06-08

BIRMINGHAM

CompanyRankvs 1423+ SIC 46480 peers
28

Financial strength13th percentile among SIC peers · 3/25
Employees48th percentile among SIC peers · 7/15
LiquidityCurrent ratio 1× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength3/25 pts

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

Employees7/15 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.

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.

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 31/05/2025

Net Worth

-£7k

Balance sheet strength

Cash

£81k

Cash in the bank

Net Current Assets

-£7k

Working capital

Current Assets

£2.3M

Current Liabilities

£2.3M

Debtors

£1.7M

1avg. employees

Tax at Year End

Corp tax£112k

Balance Sheet

Bank loans & overdrafts£57k
Assets less current liabilities-£7k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20251.00-£49k
20241.11-£63k
20231.15

Derived from filed accounts. Not audited figures.