Kilfrost Limited
00297731
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 14/08/2023
DIRECTOR
BRITISH · UNITED KINGDOM · Age 69
Also on 1 other board
Persons with Significant Control
Kilfrost Group Limited
Albion Works, Albion Works, Haltwhistle, NE49 0HJ
Reg: 06929375 · Companies House · Limited By Shares
Notified 06/04/2016
Charges2 outstanding
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CompanyRankvs 210+ SIC 20590 peers68
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
continue to invest in research and development activities in respect of both SFD and ADF with patents currently being applied for. Costs charged during the year amounted to £Nil (2024 : £307,000). Going concern The directors have performed an assessment of the Company’s ability to continue trading as a going concern by reference to trading forecasts and financing requirements for a period, in e
Key FinancialsYear ending 31/03/2025
Turnover
£21.1M
Annual revenue
Net Worth
£10.1M
Balance sheet strength
Cash
£6.2M
Cash in the bank
Profit Before Tax
£6.2M
Bottom line earnings
Net Current Assets
£9.3M
Working capital
Current Assets
£13.3M
Current Liabilities
£4.0M
Fixed Assets
£1.1M
Debtors
£4.0M
Cost of Sales
£12.4M
Gross Profit
£8.7M
Admin Expenses
£3.4M
Operating Profit
£6.1M
Profit After Tax
£4.8M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 3.33 | +£2.9M |
| 2024 | 2.62 | +£850k |
| 2023 | 1.97 | +£0 |
| 2023 | 1.97 | +£3.2M |
| 2022 | 1.62 | -£818k |
| 2021 | 2.75 | -£1.2M |
| 2020 | 3.61 | — |
Derived from filed accounts. Not audited figures.