# PAL GEMS LTD (11390050)

> PAL GEMS LTD is an active private limited company (company number 11390050) incorporated on 31 May 2018, registered in London. Its registered activity is manufacture of jewellery and related articles (SIC 32120). Latest small accounts cover the period ending 31 May 2025, showing net assets of £106k and cash of £167k, with 5 employees on average. Net assets fell 24% on the prior period (£140k).

- Status: Active
- Incorporated: 2018-05-31
- Registered office: London, EC1N 8PN
- SIC 32120: Manufacture of jewellery and related articles
- SIC 47190: Other retail sale in non-specialised stores
- SIC 47770: Retail sale of watches and jewellery in specialised stores
- Next accounts due: 2027-02-28
- Confirmation statement due: 2027-06-14
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 679 comparable companies in London (median £904, upper quartile £23k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-05-31 | £106k | £167k | £21k | £189k | — | — | 5 |
| 2024-05-31 | £140k | £121k | £21k | £132k | — | — | 8 |

current ratio 1.19; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £106,180 at 31 May 2025
- Cash at bank of £50,000 or more: Cash £166,892
- Incorporated five or more years ago: Incorporated 31 May 2018

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Paresh Panchal — owns 25–50% of shares, since 2020-06-01
- Mr Chintan Kalpeshbhai Trivedi — owns 25–50% of shares, since 2020-06-01

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/11390050
HTML: https://firmoscan.com/company/11390050-pal-gems-ltd