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Avalon Diamond Club Limited

12129667

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

66 GRANLEIGH ROAD, LONDON, E11 4RQ
Incorporated 30/07/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46480
Wholesale of watches and jewellery

Officers

Mr Saad Mohamed Salim Wadia

director · Since 30/07/2019

DIRECTOR

BRITISH · ENGLAND · Age 36

Also on 3 other boards

Persons with Significant Control

Mr Saad Mohamed Salim Wadia

Appoint directors

British · England · Age 36

66, Granleigh Road, London, E11 4RQ

Notified 30/07/2019

Former PSCs

Mr Raj Shah

Ceased 03/08/2023

Ms Payal Kamlesh Shah

Ceased 01/07/2020

Mr Anik Kamlesh Shah

Ceased 22/07/2021

CompanyRankvs 1074+ SIC 46480 peers
48

Financial strength69th percentile among SIC peers · 17/25
Employees23th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.57× · 6/20
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.

Employees3/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/07/2023

Net Worth

£13k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

£13k

Working capital

Current Assets

£17k

Current Liabilities

£30k

Debtors

£13k

Profit After Tax

£2k

0avg. employees

Tax at Year End

Corp tax£2k
VAT£4k
Dividends paid£6k

Balance Sheet

Assets less current liabilities£13k
Prepared with Capium Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20230.57+£9k£73k
20221.12-£4k
20211.94+£4k
20202.58

Derived from filed accounts. Not audited figures.