K-Tec Racing Limited
04399995
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Business Rescue Team Limited
26, Kings Hill Avenue, West Malling, ME19 4AE
Notified 03/02/2026
Former PSCs
Mr David Kirk
Ceased 02/12/2021
Mrs Rebecca Kirk
Ceased 05/12/2019
Dk Automotive Limited
Ceased 03/02/2026
Charges1 outstanding
ALLICA BANK LIMITED
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THE CO-OPERATIVE BANK P.L.C.
LLOYDS BANK PLC
LLOYDS TSB BANK PLC
CompanyRankvs 22060+ SIC 45200 peers41
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2024
Net Worth
-£57k
Balance sheet strength
Cash
£18k
Cash in the bank
Net Current Assets
-£155k
Working capital
Current Assets
£625k
Current Liabilities
£780k
Fixed Assets
£158k
Debtors
£288k
Tax at Year End
Director Loans(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 0.80 | -£123k | — |
| 2023 | 0.94 | -£17k | £324k |
| 2022 | 0.95 | -£202k | £324k |
| 2021 | 1.63 | -£34k | £215k |
| 2021 | 1.81 | +£162k | — |
| 2020 | 2.06 | -£198k | — |
| 2019 | 2.10 | +£52k | — |
| 2018 | 2.38 | — | — |
Derived from filed accounts. Not audited figures.