PREET JEWELLERS LTD Financials
- Company number
- 11436215CopyCopy
- Registered office
- 35 Augusta Street, Birmingham B18 6JA
- Incorporated
- 27/06/2018
Company snapshot
- Status
- Active
- Employees
- 3 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
5.78%vs 20232023: £150.73K
Total Assets
-2.88%vs 20232023: £220.46K
Cash in Bank
First reported yearTotal Liabilities
-21.60%vs 20232023: £69.73K
Employees
0vs 20232023: 3
In 2024, PREET JEWELLERS LTD reported net assets of £159.44K. The same filing shows total assets of £214.10K, cash in bank of £26.50K and total liabilities of £54.66K. Reported headcount was 3 in 2024. Total Liabilities fell from £69.73K in 2023 to £54.66K in 2024 (-21.60%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
5.78%from £150.73K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures PREET JEWELLERS LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+49.2%vs 2022+22.2% a year compound (CAGR)
Total Assets
+25.3%vs 2022+11.9% a year compound (CAGR)
Total Liabilities
-14.7%vs 2022-7.6% a year compound (CAGR)
Employees
0%vs 2022Biggest increase
Net Assets+49.2%
£106.83K in 2022 to £159.44K in 2024
Biggest decrease
Total Liabilities-14.7%
£64.07K in 2022 to £54.66K in 2024
PREET JEWELLERS LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from PREET JEWELLERS LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 74.47%2024
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 25.53%2024
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 48.48%2024
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 12.38%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for PREET JEWELLERS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 60.92K | 106.83K | 150.73K | 159.44K |
| Total Assets£ | 167.48K | 170.90K | 220.46K | 214.10K |
| Cash in Bank£ | – | – | – | 26.50K |
| Total Liabilities£ | 106.56K | 64.07K | 69.73K | 54.66K |
| Employees | 2 | 3 | 3 | 3 |
PREET JEWELLERS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for PREET JEWELLERS LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
PREET JEWELLERS LTD reported net assets of £159.44K for 2024. That compares with £150.73K in 2023, a change of 5.78%.
PREET JEWELLERS LTD reported total assets of £214.10K for 2024. That compares with £220.46K in 2023, a change of -2.88%.
PREET JEWELLERS LTD reported cash in bank of £26.50K for 2024. There is no earlier filing to compare it against.
PREET JEWELLERS LTD reported 3 employees in 2024, compared with 3 in 2023.
Between 2022 and 2024, PREET JEWELLERS LTD's net assets rose by 49.2%, total assets rose by 25.3%, total liabilities fell by 14.7% and employee numbers was unchanged. Net assets compounded at 22.2% a year across the two years to 2024, from £106.83K to £159.44K. Reported headcount went from 3 in 2022 to 3 in 2024.
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.