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Kara Designs Ltd

03741845

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

UNIT 6 HASLEMERE BUSINESS, ENFIELD, EN1 1TE
Incorporated 26/03/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

14132
Manufacture of women's outerwear

Officers

Yee Yoke Karaman

secretary · Since 26/03/1999

SECRETARY

BRITISH · Age 56

Also on 1 other board

Mrs Yee Yoke Karaman

director · Since 18/03/2019

DIRECTOR

MALAYSIAN · ENGLAND · Age 56

Mr Deniz Karaman

director · Since 28/01/2025

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 28

Also on 1 other board

Persons with Significant Control

Mr Huseyin Karaman

25–50% shares
25–50% votes

British · Romania · Age 56

52, Wellfields, Loughton, IG10 1NY

Notified 06/04/2016

Former PSCs

Mr Ahmet Karaman

Ceased 18/03/2019

Mrs Yee Yoke Karaman

Ceased 25/10/2024

CompanyRankvs 80+ SIC 14132 peers
70

Financial strength62th percentile among SIC peers · 16/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 5.7× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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80Kara Designs Ltd
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How is this score calculated?
Financial strength16/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and Loss Account. GOING CONCERN The company is heavily dependent on one major customer representing over 85% of turnover in 2025. This dependency creates an uncertainty on the company's ability to continue as a going c

Key FinancialsYear ending 31/03/2025

Net Worth

£2k

Balance sheet strength

Cash

£3.0M

Cash in the bank

Net Current Assets

£8.9M

Working capital

Current Assets

£10.8M

Current Liabilities

£1.9M

Fixed Assets

£98k

Debtors

£7.0M

8avg. employees

Tax at Year End

Corp tax£48k

Balance Sheet

Assets less current liabilities£9.0M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20255.70

Derived from filed accounts. Not audited figures.