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Kar - Rich Limited

01875881

active
Private Limited Company
Companies House
Health Score
67 / 100

Some Concerns

25/30
Filing
10/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

QUARRY GARAGE, DEWSBURY, WF13 4BD
Incorporated 08/01/1985

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Karl John Mitchell

director · Since 11/09/1986

MOTOR DEALER

BRITISH · UNITED KINGDOM · Age 57

Also on 2 other boards

Mr Richard Jay Mitchell

director · Since 05/01/1991

CAR SALESMAN

BRITISH · UNITED KINGDOM · Age 53

Also on 1 other board

Persons with Significant Control

Mr Richard Jay Mitchell

25–50% shares
25–50% votes

British · United Kingdom · Age 53

23 Littlethorp Hill, Hartshead, Liversedge, WF15 8AZ

Notified 06/04/2016

Mr Karl John Mitchell

25–50% shares
25–50% votes

British · United Kingdom · Age 57

Smithy Garth, Meadow Lane, Liversedge, WF15 7QD

Notified 06/04/2016

Former PSCs

Mr Haydn John Mitchell

Ceased 02/02/2019

Charges4 outstanding

charge
outstanding

MIDLAND BANK PLC

Created 17/09/1997Registered 24/09/1997
charge
outstanding

MIDLAND BANK PLC

Created 17/09/1997Registered 24/09/1997
charge
outstanding

MIDLAND BANK PLC

Created 11/09/1997Registered 16/09/1997
charge
outstanding

YORKSHIRE BANK PLC

Created 27/06/1990Registered 03/07/1990

CompanyRankvs 49116+ SIC 68209 peers
54

Financial strength45th percentile among SIC peers · 11/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 68.49× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength11/25 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.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 27/04/2024

Net Worth

£150

Balance sheet strength

Cash

£285k

Cash in the bank

Net Current Assets

£525k

Working capital

Current Assets

£533k

Current Liabilities

£8k

Fixed Assets

£1.2M

Debtors

£248k

0avg. employees

Tax at Year End

Corp tax£2k

Balance Sheet

Assets less current liabilities£1.8M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
202468.49
202349.74

Derived from filed accounts. Not audited figures.