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Pearls Of Life Limited

15992893

active
ltd
england wales
Companies House
Health Score
70 / 100

Some Concerns

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

Details

Magnolia House Spring Villa Park, 11 Spring Villa Road, Edgware, HA8 7EB
Incorporated 02/10/2024

Compliance

Last accounts

31/10/2025

micro entity

Next accounts due

31/07/2027

On track

Confirmation statement

Last: 01/10/2025

Due 15/10/2026

On track

Industry

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

Officers

Mrs Sonul Bhundia

director · Since 02/10/2024

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 2 other boards

Sonul Bhundia

director · Since 02/10/2024

British · England · Age 48

Persons with Significant Control

Mrs Sonul Bhundia

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

British · England · Age 48

Magnolia House, Spring Villa Park, Edgware, HA8 7EB

Notified 02/10/2024

Change History

statusactive
2026-08-22

Active

typeltd
2026-08-22

Private Limited Company

address line1Magnolia House Spring Villa Park
2026-08-22

MAGNOLIA HOUSE SPRING VILLA PARK

post townEdgware
2026-08-22

EDGWARE

officer appointedBHUNDIA, Sonul
2026-08-22

CompanyRankvs 1777+ SIC 46480 peers
34

Financial strength14th percentile among SIC peers · 4/25
Employees48th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.79× · 6/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength4/25 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.

Longevity2/15 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 31/10/2025

Net Worth

-£5k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£4k

Working capital

Current Assets

£17k

Current Liabilities

£21k

1avg. employees

Balance Sheet

Assets less current liabilities-£4k
Signed by Mrs Sonul Bhundia 1 May 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.79+£0
20250.79

Derived from filed accounts. Not audited figures.